on entry into entrepreneurship. The model predicts—and the data confirm—that entrepreneurs are positively selected on …We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … differentiates between entrepreneurs and other self-employed to address puzzling gaps that have emerged between theory and evidence …

the past decade. Our primary finding is that successful entrepreneurs are middle-aged, not young. The mean founder age for … successful entrepreneurs …

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 … entrepreneurs that hold a portfolio of overlapping ongoing firms perform the best, as do those that open as limited liability firm …

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 social insurance mandate leads entrepreneurs to significantly reduce their …

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 …

We review the extensive literature since 2000 on the personality traits of entrepreneurs. We first consider baseline … consider risk attitudes and goals and aspirations of entrepreneurs. Within each area, we separate studies by the type of … entrepreneurial behavior considered: entry into entrepreneurship, performance outcomes, and exit from entrepreneurship. This …

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 …

Among typical entrepreneurs, is the serial entrepreneur more likely to succeed? If so, why? We answer these two … in operation. The data show that serial entrepreneurship is relatively uncommon in retail trade. Of the almost 2 …