A central premise of research in the strategic management of innovation is that start-ups are able to leverage emerging …

performance of incumbent Information and Communication Technologies (ICT) firms compared to startups. We find that diversifying … entrants perform better relative to startups. Contrary to earlier studies, we find that spin-offs do not perform any better … than other startups. Moreover, firms founded by serious hobbyists and tinkerers, whom we call hackers, perform markedly …

. We calibrate the model to firm-level data from the U.S. and India. We show that the model is quantitatively consistent … quantitative analysis shows that the low efficiency of delegation in India can account for 5% of productivity and 15% of income … differences between the U.S. and India in steady state. We also show that such inefficient delegation possibilities reduce the …

soliciting the current client in the event of termination of employment. The socially optimal level of entrepreneurship will … are too restrictive and produce too little entrepreneurship, and governments can increase welfare by limiting enforcement …

an entrepreneurial sector, the paper investigates the effects of taxes on the equilibrium level of entrepreneurship and …

Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to … entrepreneurship may decline with age, but business skills increase with experience in high level positions. Having too many older … workers in society slows entrepreneurship. Older workers do not possess the advantages of youth, but more significant is that …

We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or …