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Social Networks, Ethnicity, and Entrepreneurship
Kerr, William - 2017
We study the relationship between ethnicity, occupational choice, and entrepreneurship. Immigrant groups in the United States cluster in specific business sectors. For example, the concentration of Korean self-employment in dry cleaners is 34 times greater than other immigrant groups, and...
Persistent link: https://www.econbiz.de/10012965722
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A Theory of Crowdfunding - A Mechanism Design Approach with Demand Uncertainty and Moral Hazard
Strausz, Roland - 2016
Crowdfunding provides innovation in enabling entrepreneurs to contract with consumers before investment. Under … information threatens this benefit. Despite these threats, popular crowdfunding schemes are able to implement optimal screening … mechanisms. Crowdfunding's after-markets enable consumers to actively implement deferred payments and thereby optimally manage …
Persistent link: https://www.econbiz.de/10012979605
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Demography and Innovative Entrepreneurship
Bönte, Werner - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10012775851
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Entrepreneurship, Institutions and Skills in Low-Income Countries
Brixiova, Zuzana - 2017
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment as well as skill gaps where one of the equilibrium outcomes is a low-productivity trap. The paper tests the implications of the model using a cross-sectional dataset including...
Persistent link: https://www.econbiz.de/10012955283
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Immigrant Entrepreneurship
Kerr, Sari Pekkala - 2019
We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to native-founded companies. Our work quantifies immigrant contributions to new firm creation in a wide variety of fields and using multiple definitions. While significant...
Persistent link: https://www.econbiz.de/10012902521
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The Gender Gap in Entrepreneurship : Not Just a Matter of Personality
Caliendo, Marco - 2014
Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household panel, we investigate to what extent personality traits, human capital, and the employment history influence the start-up decision and can explain the gender gap in...
Persistent link: https://www.econbiz.de/10013052066
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Immigration and Entrepreneurship
Fairlie, Robert W. - 2015
Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This is reflected in immigration policies and many developed countries have created special visas and entry requirements in an attempt to attract immigrant entrepreneurs. Not...
Persistent link: https://www.econbiz.de/10013023916
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Taking the Leap : The Determinants of Entrepreneurs Hiring Their First Employee
Fairlie, Robert W. - 2016
Job creation is one of the most important aspects of entrepreneurship, but we know relatively little about the hiring patterns and decisions of startups. Longitudinal data from the Integrated Longitudinal Business Database (iLBD), Kauffman Firm Survey (KFS), and the Growing America through...
Persistent link: https://www.econbiz.de/10012994091
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Homeownership and Entrepreneurship : The Role of Mortgage Debt and Commitment
Bracke, Philippe - 2014
We study the link between homeownership, mortgage debt, and entrepreneurship using a model of occupational choice and housing tenure where homeowners commit to mortgage payments. Our model predicts that, as long as mortgage rates exceed the rate of interest on liquid wealth: (i) mortgage debt,...
Persistent link: https://www.econbiz.de/10013044547
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Behind the Gate Experiment : Evidence on Effects of and Rationales for Subsidized Entrepreneurship Training
Fairlie, Robert W. - 2014
Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate testable predictions regarding heterogeneous treatment effects from such programs. Using a large randomized evaluation in the United States, we find no strong or lasting effects on...
Persistent link: https://www.econbiz.de/10013046581