Research shows that most ventures fail, yet it has devoted limited attention to the consequences of entrepreneurs' past …. Therefore, failure conveys ambiguous information about skill. We predict that investors will discount entrepreneurs that … of failure into luck and skill. Our results indicate that investors discount entrepreneurs who have experienced failure …

Academic entrepreneurship has become an increasingly important channel through which universities contribute to … economic development. This paper studies academic entrepreneurs using a comprehensive venture capital database. I find that … about two-thirds of the academic entrepreneurs locate their businesses in the same state as their universities. National …

entrepreneurship. Little is known about the entry modes (new venture start-up vs. business takeover) of hybrid entrepreneurs. Our study …Many entrepreneurs start their ventures while retaining jobs in wage employment; this phenomenon is called hybrid … aims to close this gap by investigating the path to hybrid entrepreneurship. Using a large sample of French hybrid …

entrepreneurship. We distinguish between two distinct entrepreneurship entry modes: business takeover and new venture start-up. Using a …

We study entrepreneurs' start-up financing from banks and local financiers. An informal network, whose membership … cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local … absence of a network. Thus, the formation of the network is inefficient as entrepreneurs incur networking costs for purely …

shaped by industry-specific constraints. The human- and financial-capital endowments of potential entrepreneurs entering … credentials of highly educated potential entrepreneurs, in particular, predict avoidance of small-firm ownership in some … enter entrepreneurship, we find that the conventional practice of conflating different industry types in empirical analyses …

A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but …

employment to entrepreneurship (self-employment and leadership of micro-enterprises). By means of a difference-in-differences non … employment to entrepreneurship are positive, statistically significant and financially substantial. Even more, the results are … salaried jobs to entrepreneurship and lower losses on the reverse switch …

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries …. Our data come from the Annual Survey of Entrepreneurs, a random sample of firms with detailed information on owner …