This paper argues that a large component of success in entrepreneurship and venture capital can be attributed to skill … further support for the role of skill in both entrepreneurship and venture capital …

We use Census micro data to shed new light on how growth in house prices boosts US entrepreneurship. At the height of …-level relationship between house price increases and entrepreneurship operates through expansion of the home equity collateral channel … entrepreneurship observed in city-level analyses comes from higher local demand that boosts entry. Our results provide a nuanced …

of immigrants in entrepreneurship. We ask how often immigrants start companies, how many jobs these firms create, and how …" than "job takers" and that non-U.S. born founders play outsized roles in U.S. high-growth entrepreneurship …

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 …

important role that entrepreneurship is believed to play in the process of economic growth, alleviating financing constraints … examining the relevance of financing constraints for entrepreneurship. We then introduce a framework that provides a unified …

with experimentation to learn about earnings. This pattern motivates estimating the expected returns to entrepreneurship … found to constitute a substantial portion of the monetary value of entrepreneurship. The model is then used to evaluate …