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catalyze adoption of investments and practices aimed towards enterprise growth. We find that entrepreneurs invest the cash, and …
Persistent link: https://www.econbiz.de/10013065641
I use a field experiment in rural Kenya to study how temporary incentives to save impact long-run economic outcomes. Study participants randomly selected to receive large temporary interest rates on an individual bank account had significantly more income and assets 2.5 years after the interest...
Persistent link: https://www.econbiz.de/10012984758
, India, we find that “gung ho entrepreneurs” (GEs), households who were already running a business before microfinance … model of technology choice in which talented entrepreneurs can access either a diminishing-returns technology, or a more … entrepreneurial ability is important and persistent. For talented but low-wealth entrepreneurs, short-term access to credit can indeed …
Persistent link: https://www.econbiz.de/10013310158
Standard models of investment predict that credit-constrained firms should grow rapidly when given additional capital, and that how this capital is provided should not affect decisions to invest in the business or consume the capital. We randomly gave cash and in-kind grants to male- and...
Persistent link: https://www.econbiz.de/10013067700
relatively poorly-educated entrepreneurs, operating in the low-tech sector (agriculture, construction, and retail trade). These …
Persistent link: https://www.econbiz.de/10013069155
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
How do political connections affect firm dynamics, innovation, and creative destruction? To answer this question, we build a firm dynamics model, where we allow firms to invest in innovation and/or political connection to advance their productivity and to overcome certain market frictions. Our...
Persistent link: https://www.econbiz.de/10012909902
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
Entrepreneurs must choose between alternative strategies for bringing their idea to market. They face uncertainty … regarding both the quality of their idea as well as the efficacy of each strategy. While entrepreneurs can reduce this …
Persistent link: https://www.econbiz.de/10013291843