Showing 1 - 8 of 8
With an overall lack of gender and ethnic diversity in the innovation sector documented in Gompers and Wang (2017), we ask the natural next question: Does increased diversity lead to better firm performances? In this paper, we attempt to answer this question using a unique dataset of the gender...
Persistent link: https://www.econbiz.de/10012955439
We study the role of homophily in group formation. Using a unique dataset of MBA students, we observe homophily in ethnicity and gender increases the probability of forming teams by 25%. Homophily in education and past working experience increases the probability of forming teams by 17% and 11 %...
Persistent link: https://www.econbiz.de/10012955437
In this paper, we document the historically low rate of hiring of women in the venture capital sector. We find that the high-profile Ellen Pao v. Kleiner Perkins gender discrimination trial had dramatic treatment effects. In difference-in-differences regressions, we find that the rate of hiring...
Persistent link: https://www.econbiz.de/10013215608
. We show that entrepreneurs with a track record of success are more likely to succeed than first time entrepreneurs and … for entrepreneurs without a successful track record. Similarly, more experienced venture capitalists are able to identify … and invest in first time entrepreneurs who are more likely to become serial entrepreneurs. Investments by venture …
Persistent link: https://www.econbiz.de/10012752094
trained and conditioned to be entrepreneurs by being exposed to the entrepreneurial process and by working in a network of … entrepreneurs and venture capitalists. Alternatively, individuals become entrepreneurs because the large bureaucratic companies for …
Persistent link: https://www.econbiz.de/10012752716
We study the role of diversity and performance in the entrepreneurial teams. We exploit a unique dataset of MBA students who participated in a required course to propose and start a real micro-business that allows us to examine horizontal diversity (i.e., within the team) as well as vertical...
Persistent link: https://www.econbiz.de/10014238417
We survey over 1,000 institutional and corporate venture capitalists (VCs) at more than 900 different firms to learn how their decisions and investments have been affected by the COVID-19 pandemic. We compare their survey answers to those provided by a large sample of VCs in early 2016 and...
Persistent link: https://www.econbiz.de/10012822784
We survey more than 200 private equity (PE) managers from firms with $1.9 trillion of assets under management (AUM) about their portfolio performance, decisionmaking and activities during the Covid-19 pandemic. Given that PE managers have significant incentives to maximize value, their actions...
Persistent link: https://www.econbiz.de/10013240331