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Entrepreneurship, economic conditions, and the Great Recession
Fairlie, Robert W. - 2013
The "Great Recession" resulted in many business closings and foreclosures, but what effect did it have on business formation? On the one hand, recessions decrease potential business income and wealth, but on the other hand they restrict opportunities in the wage/salary sector leaving the net...
Persistent link: https://www.econbiz.de/10009712435
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Behind the GATE experiment : evidence on effects of and rationales for subsidized entrepreneurship training
Fairlie, Robert W.; Karlan, Dean; Zinman, Jonathan - 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/10010404444
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Critical thinking and storytelling contexts
Jabarian, Brian; Sartori, Elia - 2024 - Current version: August 1, 2024
We argue that storytelling contexts – the way information is communicated through varying credibility sources, visual designs, writing styles, and content delivery – impact the effectiveness of surveys and elections in eliciting preferences formed through critical thinking (reasoned...
Persistent link: https://www.econbiz.de/10015048380
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Dynastic entrepreneurship, entry, and non-compete enforcement
Rauch, James E. - 2015
We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs. Without finance constraints, enforcement of non-compete agreements unambiguously improves social welfare outcomes, and even increases the rate of spinoffs from original firms....
Persistent link: https://www.econbiz.de/10010528295
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The gender gap in entrepreneurship : not just a matter of personality
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander; … - 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/10010354771
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Why entrepreneurs choose risky R&D projects : but still not risky enough
Färnstrand Damsgaard, Erika; Hjertstrand, Per; … - 2016
This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have …. However, entrepreneurs may still select too safe projects from a social point of view, since they do not internalize the … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …
Persistent link: https://www.econbiz.de/10011549385
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High-technology entrepreneurship in Silicon Valley
Fairlie, Robert W.; Chatterji, Aaron K. - 2013
The economic expansion of the late 1990s created many opportunities for business creation in Silicon Valley, but the opportunity cost of starting a business was also high during this period because of the exceptionally tight labor market. A new measure of entrepreneurship derived from matching...
Persistent link: https://www.econbiz.de/10010212670
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The impact of COVID-19 on small business owners: the first three months after social-distancing restrictions
Fairlie, Robert W. - 2020
Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...
Persistent link: https://www.econbiz.de/10012291885
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Liquidity constraints, household wealth, and entrepreneurship revisited
Fairlie, Robert W.; Krashinsky, Harry A. - 2012 - Current Draft: August 2011
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...
Persistent link: https://www.econbiz.de/10009522307
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Racial disparities in access to small business credit : evidence from the paycheck protection program
Howell, Sabrina T.; Kuchler, Theresa; Snitkof, David; … - 2021
We explore the sources of racial disparities in small business lending by studying the $806 billion Paycheck Protection Program (PPP), which was designed to support small business jobs during the COVID-19 pandemic. PPP loans were administered by private lenders but federally guaranteed, largely...
Persistent link: https://www.econbiz.de/10012643529