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The State of American Entrepreneurship : New Estimates of the Quantity and Quality of Entrepreneurship for 15 US States, 1988-2014

Guzman, Jorge - 2016

entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this paper offers new evidence to inform this debate by estimating … simultaneously account for both the quantity as well as the quality of entrepreneurship: the Entrepreneurial Quality Index (EQI …, measuring the average quality level among a group of start-ups within a given cohort), the Regional Entrepreneurship Cohort …

Persistent link: https://www.econbiz.de/10012456579

The 2021 Paycheck Protection Program Reboot : Loan Disbursement to Employer and Nonemployer Businesses in Minority Communities

Fairlie, Robert W.; Fossen, Frank M. - National Bureau of Economic Research - 2022

Was the $278 billion reboot of the $800 billion Paycheck Protection Program (PPP) in early 2021 disbursed equitably to minority communities? This paper provides the first analysis of how PPP funds were disbursed to minority communities in the third and final round of the program, which was...

Persistent link: https://www.econbiz.de/10012938701

Do Startups Benefit from Their Investors' Reputation? Evidence from a Randomized Field Experiment

Bernstein, Shai; Mehta, Kunal; Townsend, Richard R.; … - National Bureau of Economic Research - 2022

We analyze a field experiment conducted on AngelList Talent, a large online search platform for startup jobs. In the experiment, AngelList randomly informed job seekers of whether a startup was funded by a top-tier investor and/or was funded recently. We find that the same startup receives...

Persistent link: https://www.econbiz.de/10013172146

Who Creates New Firms When Local Opportunities Arise?

Bernstein, Shai - 2018

New firm formation is a critical driver of job creation, and an important contributor to the responsiveness of the economy to aggregate shocks. In this paper we examine the characteristics of the individuals who become entrepreneurs when local opportunities arise due to an increase in local...

Persistent link: https://www.econbiz.de/10012480763

How is COVID Changing the Geography of Entrepreneurship? Evidence from the Startup Cartography Project

Fazio, Catherine E.; Guzman, Jorge; Liu, Yupeng; Stern, … - National Bureau of Economic Research - 2021

changing nature and geography of entrepreneurship in the wake of the COVID pandemic. Consistent with other data sources …

Persistent link: https://www.econbiz.de/10012533336

The Impact of Entrepreneurial Risk Aversion on Wages in General Equilibrium

Feng, Ying - 2015

One of the leading theories of entrepreneurship is that less risk averse individuals become entrepreneurs and more risk …

Persistent link: https://www.econbiz.de/10012457625

Horatio Alger Meets the Mobility Tables

Holtz-Eakin, Douglas - 2000

The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the … sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has … distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main …

Persistent link: https://www.econbiz.de/10012471152

Ethnic Chinese Networks in International Trade

Rauch, James E. - 1999

Ethnic Chinese networks, as proxied by the product of ethnic Chinese population shares, are found in 1980 and 1990 to have increased bilateral trade both within Southeast Asia and for other country pairs. Their effects within Southeast Asia are much greater for differentiated than for...

Persistent link: https://www.econbiz.de/10012471599

Public Entrepreneurial Finance around the Globe

Bai, Jessica; Bernstein, Shai; Dev, Abhishek; Lerner, Joshua - National Bureau of Economic Research - 2021

This paper examines how government funding programs geared towards early-stage companies interact with private capital markets. Using hand-collected data on 755 government programs worldwide, we find that governments' allocations to such funding programs have been comparable to global venture...

Persistent link: https://www.econbiz.de/10012510623

Defining Opportunity versus Necessity Entrepreneurship : Two Components of Business Creation

Fairlie, Robert W. - 2019

components to entrepreneurship - "opportunity" and "necessity" - the latter of which is mostly counter-cyclical. Although there … is some agreement on the conceptual distinction between these two factors driving entrepreneurship, there is little … opportunity versus necessity entrepreneurship based on the entrepreneur's prior work status (i.e. based on previous unemployment …

Persistent link: https://www.econbiz.de/10012480322