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We disaggregate the self-employed into incorporated and unincorporated to distinguish between "entrepreneurs" and other … "illicit" tendencies as youths accounts for both entry into entrepreneurship and the comparative earnings of entrepreneurs. In … contrast to past research, we find that entrepreneurs earn more per hour and work more hours than their salaried and …
Persistent link: https://www.econbiz.de/10013063299
the past decade. Our primary finding is that successful entrepreneurs are middle-aged, not young. The mean founder age for … successful entrepreneurs …
Persistent link: https://www.econbiz.de/10012922213
Using a unique 10-year panel that includes more than 13,300 expected stock market return probability distributions, we find that executives are severely miscalibrated, producing distributions that are too narrow: realized market returns are within the executives' 80% confidence intervals only...
Persistent link: https://www.econbiz.de/10012773122
Managerial delegation is essential for firm growth. While firms in poor countries often shun outside managers and … entrepreneurs have fixed-time endowments to run their daily operations. As firms grow larger, the need to delegate decision …
Persistent link: https://www.econbiz.de/10013000531
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
Among typical entrepreneurs, is the serial entrepreneur more likely to succeed? If so, why? We answer these two …
Persistent link: https://www.econbiz.de/10013050291
Assessing the state of American entrepreneurship requires not simply counting the quantity but also the initial quality of new ventures. Combining comprehensive business registries and predictive analytics, we present estimates of entrepreneurial quantity and quality from 1988-2014. Rather than...
Persistent link: https://www.econbiz.de/10012996381
We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to …
Persistent link: https://www.econbiz.de/10012830234
In this paper we show that the patenting behavior of creative entrepreneurs is correlated with the patenting behavior … of their fathers, which we refer to as a source of the entrepreneurs' human capital endowments. Our argument for this …
Persistent link: https://www.econbiz.de/10013067376
do not attract talented-but-reluctant entrepreneurs, but instead attract individuals with personality traits associated …
Persistent link: https://www.econbiz.de/10012911470