How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

The returns to education (RTE) for entrepreneurs, unlike for employees, have not yet been estimated by methods coping with the potential endogeneity problem. We estimate the RTE for entrepreneurs and employees while testing for and coping with this problem. Our results derived from a large US...

This study examines the applicability of modern Data Science techniques in the domain of Strategy. We apply novel techniques from the field of machine learning and text analysis. We proceed in two steps. First, we compare different machine learning techniques to traditional regression methods in...