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Analyzing data on all U.S. employers in a cohort of entering firms, we document a highly skewed size distribution, such that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little of the size variation is accounted for by industry...
Persistent link: https://www.econbiz.de/10011881435
entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent …
Persistent link: https://www.econbiz.de/10013471288
As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important …
Persistent link: https://www.econbiz.de/10012133403
This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the … Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional … entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter …
Persistent link: https://www.econbiz.de/10003896204
This paper evaluates the effect of development project aid from the World Bank and China on firms' sales growth, using a large dataset of 110864 firms spanning 121 countries between 2001 and 2016. We find that, contrary to the World Bank, Chinese ODA projects increase, on average, firm sales...
Persistent link: https://www.econbiz.de/10012612641
The aim of this paper is to investigate the growth dynamics of young small firms (in contrast with larger and older incumbents) in a developing country context, using a unique and comprehensive dataset of non-agricultural Tunisian companies. Our results suggest that significant differences...
Persistent link: https://www.econbiz.de/10011814940
This survey paper aims at critically discussing the recent literature on firm formation and survival and the growth of new-born firms. The basic purpose is to single out the microeconomic entrepreneurial foundations of industrial dynamics (entry and exit) and to characterise the founder's...
Persistent link: https://www.econbiz.de/10003504659
The founder (team)'s human capital is a vital determinant of future firm performance. This is a stylized fact. Less is known about the effect of the human capital of the initial workforce hired by the founder(s). We study the performance consequences of a founder's choice of the initial...
Persistent link: https://www.econbiz.de/10011458941
Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the...
Persistent link: https://www.econbiz.de/10013498909
transformation of lower-income countries by enabling credit-constrained workers to enter into non-agricultural entrepreneurship. …
Persistent link: https://www.econbiz.de/10014443865