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A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship as providing evidence of liquidity constraints. Recently, however, the liquidity constraint interpretation has been challenged because of the finding that the relationship...
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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...
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Kingdom and Canada -- we examine the performance of Indian entrepreneurs and explanations for their success. We find that … business income of Indian entrepreneurs in the United States is substantially higher than the national average and is higher … than any other immigrant group. Approximately half of the average difference in income between Indian entrepreneurs and the …
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