, entrepreneurial experience may provide rewards that are independent of the entrepreneurial context. Building on human capital theory … entrepreneurship are not limited to just the rewards available inside entrepreneurial firms. <i>This paper was accepted by Lee Fleming …, entrepreneurship and innovation.</i> …

entrepreneurship. We label this phenomenon the small firm effect and explore its origins. In particular, we identify four classes of … who are similarly drawn into entrepreneurship. Similarly, ability sorting plays a role: those who ultimately become … valuable in entrepreneurship. Evidence suggests that although those with the very least to lose do enter entrepreneurship with …