Showing 1 - 10 of 15
Does doing more deals together always strengthen investor relationships? Based on the relationships of the top 50 US venture capital firms, this paper focuses on the strengths of relationships and their dynamic evolution. Empirical estimates indicate that having a deeper relationship leads to...
Persistent link: https://www.econbiz.de/10012862842
Serial entrepreneurs, who open more than one business, are found to have higher sales and higher productivity than novice entrepreneurs, who open one business. Using panel data on entrepreneurs and their firms from Denmark for 2001-2013, the serial entrepreneur has 67% higher sales than the...
Persistent link: https://www.econbiz.de/10012958982
We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts—and the data confirm—that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …
Persistent link: https://www.econbiz.de/10012906767
We use an extensive panel of 17 million individuals born between 1947 and 1995 from China's largest online marketplace, Taobao, to study the impact of RAE on the propensity to become an entrepreneur. Using events surrounding the Cultural Revolution and the issuance of the Compulsory Education...
Persistent link: https://www.econbiz.de/10012907125
This paper estimates the effect of relaxing the social insurance mandate on entrepreneurial activity. We use a unique discontinuity in Finland that allows certain entrepreneurs not to pay social insurance contributions on their income. Using rich administrative data, we find that relaxing the...
Persistent link: https://www.econbiz.de/10012890482
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 characteristics and innovation activities. We find uniformly...
Persistent link: https://www.econbiz.de/10012892563
entrepreneurial behavior considered: entry into entrepreneurship, performance outcomes, and exit from entrepreneurship. This … literature shows common results and many points of disagreement, reflective of the heterogeneous nature of entrepreneurship. We …
Persistent link: https://www.econbiz.de/10012941475
Entrepreneurship research is on the rise but many questions about its fundamental nature still exist. We argue that … entrepreneurship is about experimentation: the probabilities of success are low, extremely skewed and unknowable until an investment is …
Persistent link: https://www.econbiz.de/10013049664
in operation. The data show that serial entrepreneurship is relatively uncommon in retail trade. Of the almost 2 …
Persistent link: https://www.econbiz.de/10013050291
heightened entrepreneurship is due to channels like greater finance access or heightened inspiration for women entrepreneurs …
Persistent link: https://www.econbiz.de/10013059759