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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
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
entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent …
Persistent link: https://www.econbiz.de/10013471288
sector. However, these results are sensitive to the level of development. -- Entrepreneurship ; property rights ; access to …
Persistent link: https://www.econbiz.de/10003831586
. -- entrepreneurship ; firm performance ; human capital …
Persistent link: https://www.econbiz.de/10009695982
Advanced market economies are characterized by a continuous process of creative destruction. Market forces and technological developments play a major role in shaping this process, but institutional and policy settings also influence firms' decision to enter, to expand if successful and to exit...
Persistent link: https://www.econbiz.de/10003656883
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 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
to both frictions in the credit and labour markets. -- entrepreneurship ; monitoring costs ; credit constraint …
Persistent link: https://www.econbiz.de/10009548201
We analyze linked databases on all Small Business Administration (SBA) loans, on all SBA lenders, and on all U.S. employers to estimate the effects of financial access on employment growth. Our methods combine regressions with matching on firm age, size, industry, year, and employment history,...
Persistent link: https://www.econbiz.de/10011309136