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How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that there is heterogeneity across industries--incumbents in technologically advanced industries react positively to foreign firm entry, but not in laggard industries. To explain this...
Persistent link: https://www.econbiz.de/10012466642
entry, the progressivity of the tax also discourages entrepreneurship, and significantly so for some groups of households … prospective entrants. In terms of destination-based industry and occupation measures of innovative entrepreneurs, we find mixed … evidence on whether innovative entrepreneurs differ from the general population; the results for entrepreneurs moving to …
Persistent link: https://www.econbiz.de/10012468142
between becoming workers and entrepreneurs. I show that a tax system in which entrepreneurial profits and labor income must be … indirectly achieve redistribution between entrepreneurs and workers. As a result, constrained Pareto optimal policies can involve …
Persistent link: https://www.econbiz.de/10012459427
In this paper we explore whether or not the experience as a founder of a venture capital-backed startup influences the performance of founders who become venture capitalists (VCs). We find that nearly 7% of VCs were previously founders of a venture-backed startup. Having a successful exit and...
Persistent link: https://www.econbiz.de/10013191001
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries …. Our data come from the Annual Survey of Entrepreneurs, a random sample of firms with detailed information on owner …
Persistent link: https://www.econbiz.de/10012479519
discontinuity in Finland that allows certain entrepreneurs not to pay social insurance contributions on their income. Using rich … administrative data, we find that relaxing the social insurance mandate leads entrepreneurs to significantly reduce their …
Persistent link: https://www.econbiz.de/10012479602
Platforms often have "crowds" of amateurs working on them as complementors, in other cases professional entrepreneurs …
Persistent link: https://www.econbiz.de/10012453204
Serial entrepreneurs, who open more than one business, are found to have higher sales and higher productivity than … novice entrepreneurs, who open one business. Using panel data on entrepreneurs and their firms from Denmark for 2001 … entrepreneurs that hold a portfolio of overlapping ongoing firms perform the best, as do those that open as limited liability firm …
Persistent link: https://www.econbiz.de/10012455361
entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this paper offers new evidence to inform this debate by estimating … simultaneously account for both the quantity as well as the quality of entrepreneurship: the Entrepreneurial Quality Index (EQI …, measuring the average quality level among a group of start-ups within a given cohort), the Regional Entrepreneurship Cohort …
Persistent link: https://www.econbiz.de/10012456579
We examine the relationship between house prices and entrepreneurship using micro data from the US Census Bureau …. Increases in house prices are often thought to drive entrepreneurship through unlocking the collateral channel for bank loans … effects (i.e., that people with more valuable homes are more likely to enter entrepreneurship for reasons other than access to …
Persistent link: https://www.econbiz.de/10012457210