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This paper studies the impact of diversity in cognitive ability among members of a team on their performance. We conduct a large field experiment in which teams start up and manage real companies under identical circumstances. Exogenous variation in - otherwise random - team composition is...
Persistent link: https://www.econbiz.de/10011255965
What is the effect of dispersed levels of cognitive ability of members of a (business) team on their team’s performance? This paper reports the results of a field experiment in which 573 students in 49 teams start up and manage real companies under identical circumstances. We ensured exogenous...
Persistent link: https://www.econbiz.de/10011256050
One of the most salient and relevant dimensions of team heterogeneity is ethnicity. We measure the impact of ethnic diversity on the performance of business teams using a field experiment. We follow 550 students who set up 45 real companies as part of their curriculum in an international...
Persistent link: https://www.econbiz.de/10011256204
We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10011255927
This discussion paper resulted in an article in <I>Management Science</I>. Volume 59 issue 7, pages 1514-1528.<P> This paper reports on a field experiment conducted to estimate the impact of the share of women in business teams on their performance. Teams consisting of undergraduate students in business...</p></i>
Persistent link: https://www.econbiz.de/10011272579
We extend Lazear’s theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10011272604
-averse peoplemight be suited to entrepreneurship; and it may also help explain why prior researchhas generated mixed evidence about the … effects of risk aversion on selection into entrepreneurship. …
Persistent link: https://www.econbiz.de/10011255496
countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …
Persistent link: https://www.econbiz.de/10011255529
entrepreneurship experience (IEE), an unconventional form of human capital, is related to the performance and motivation of …
Persistent link: https://www.econbiz.de/10011255961
unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of …
Persistent link: https://www.econbiz.de/10011255983