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Reluctant Entrepreneurs : Evidence from China's SOE Reform

Fang, Hanming; Li, Ming; Wu, Zenan; Zhang, Yapei - National Bureau of Economic Research - 2023

We study the impact of state-owned enterprises (SOEs) on the quality of entrepreneurship in China. Using long series of … high-skilled SOE employees were reluctantly unleashed into entrepreneurship. We also provide corroborating evidence for …

Persistent link: https://www.econbiz.de/10014372457

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

Support for Paid Family Leave among Small Employers Increases during the COVID-19 Pandemic

Bartel, Ann; Rossin-Slater, Maya; Ruhm, Christopher J.; … - National Bureau of Economic Research - 2021

The United States is one of the few countries that does not guarantee paid family leave (PFL) to workers. Proposals for PFL legislation are often met with opposition from employer organizations, who fear disruptions to business, especially among small employers. But there has been limited data...

Persistent link: https://www.econbiz.de/10012696395

Doing Business in China : Parental Background and Government Intervention Determine Who Owns Businesses

Jia, Ruixue; Lan, Xiaohuan; Padró i Miquel, Gerard - National Bureau of Economic Research - 2021

While intergenerational transmission of entrepreneurship is a well-known regularity, we hypothesize that in a …

Persistent link: https://www.econbiz.de/10012496100

Aspirations and Financial Decisions : Experimental Evidence from the Philippines

McKenzie, David J.; Mohpal, Aakash; Yang, Dean - National Bureau of Economic Research - 2021

A randomized experiment among poor entrepreneurs tested the impact of exogenously inducing higher financial aspirations. In theory, raising aspirations could have positive effects by inducing higher effort, but could also reduce effort if unmet aspirations lead to frustration. Treatment resulted...

Persistent link: https://www.econbiz.de/10012496161

Learning by Investing : Entrepreneurial Spillovers from Venture Capital

Lerner, Joshua; Li, Jinlin; Liu, Tong - National Bureau of Economic Research - 2023

This paper studies how investing in venture capital (VC) affects the entrepreneurial outcomes of individual limited partners (LPs). Using comprehensive administrative data on entrepreneurial activities and VC fundraising and investments in China, we first document that individual LPs, on...

Persistent link: https://www.econbiz.de/10014437028

Entrepreneurial Reluctance : Talent and Firm Creation in China

Bai, Chong-En; Jia, Ruixue; Li, Hongbin; Wang, Xin - National Bureau of Economic Research - 2021

The theoretical literature has long noted that talent can be used in both the entrepreneurial and non-entrepreneurial sectors, and its allocation depends on the reward structure. We test these hypotheses by linking administrative college admissions data for 1.8 million individuals with the...

Persistent link: https://www.econbiz.de/10012533414

Appropriate Entrepreneurship? The Rise of China and the Developing World

Lerner, Joshua; Liu, Junxi; Moscona, Jacob; Yang, David Y. - National Bureau of Economic Research - 2024

Global innovation and entrepreneurship has traditionally been dominated by a handful of high-income countries … the dramatic growth of high-potential entrepreneurship and venture capital in China. First, using comprehensive data on … global venture activities, we show that as the Chinese venture industry rose in importance, entrepreneurship increased …

Persistent link: https://www.econbiz.de/10014512047

Intuit QuickBooks Small Business Index : A New Employment Series for the US, Canada, and the UK

Akcigit, Ufuk; Chhina, Raman; Cilasun, Seyit Mümin; … - National Bureau of Economic Research - 2023

Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....

Persistent link: https://www.econbiz.de/10014322738

Entrepreneurship in China's Structural Transitions : Network Expansion and Overhang

Dai, Ruochen; Mookherjee, Dilip; Munshi, Kaivan; Zhang, … - National Bureau of Economic Research - 2023

This research examines the determinants of entrepreneurship in the initial transition from agriculture to industrial …

Persistent link: https://www.econbiz.de/10014322864