-stage projects. This contrasts with existing theories that predict entrepreneurs and investors will be co-located due to distance …-sensitive costs. We examine a crowdfunding setting that connects artist-entrepreneurs with investors over the internet for financing …

economy to aggregate shocks. In this paper we examine the characteristics of the individuals who become entrepreneurs when …

entrepreneurs, controlling for the density of firms in their current location. Conditional on becoming entrepreneurs, the same … individuals are also more likely to be successful entrepreneurs, as measured by business income or firm productivity. Strikingly … interpretation, we find that entrepreneurs who at the age of 18 lived in areas with a higher firm density tend to adopt better …

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 …

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 …

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 …