This paper argues that a large component of success in entrepreneurship and venture capital can be attributed to skill …. We show that entrepreneurs with a track record of success are more likely to succeed than first time entrepreneurs and … for entrepreneurs without a successful track record. Similarly, more experienced venture capitalists are able to identify …

Assessing the state of American entrepreneurship requires not simply counting the quantity but also the initial quality … cycles as a driver of high-growth entrepreneurship, our results highlight the role of economic and institutional conditions …

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 …

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

A central challenge in the measurement of entrepreneurship is accounting for the wide variation in entrepreneurial … quality distribution. Second, we propose two new economic statistics for the measurement of entrepreneurship: the … Entrepreneurship Quality Index (EQI) and the Regional Entrepreneurship Cohort Potential Index (RECPI). We use these indices to offer a …

Financing constraints are one of the biggest concerns impacting potential entrepreneurs around the world. Given the … important role that entrepreneurship is believed to play in the process of economic growth, alleviating financing constraints … for would-be entrepreneurs is also an important goal for policymakers worldwide. We review two major streams of research …

This paper compares the financing of new ventures in start-ups (entrepreneurship) and in established firms … jobs. By contrast, failed entrepreneurs must seek other jobs in an imperfectly informed external labor market. While this … external labor market leads to ex post inefficient allocations, it provides entrepreneurs with high-powered incentives ex ante …

. Such frictions can help explain part of the gender gap in entrepreneurship, and also have implications for how to design …

In the standard venture capital contract, entrepreneurs have a large fraction of equity ownership in the companies they … to those whose companies go public or are acquired on favorable terms, forcing entrepreneurs to bear a substantial burden … attracting venture funding. Entrepreneurs with a coefficient of relative risk aversion of two and with less than $0.7 million …

The paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high risk … an entrepreneurial sector, the paper investigates the effects of taxes on the equilibrium level of entrepreneurship and …