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In this paper we explore whether or not the experience as a founder of a venture capital-backed startup influences the performance of founders who become venture capitalists (VCs). We find that nearly 7% of VCs were previously founders of a venture-backed startup. Having a successful exit and...
Persistent link: https://www.econbiz.de/10013191001
the past decade. Our primary finding is that successful entrepreneurs are middle-aged, not young. The mean founder age for … successful entrepreneurs …
Persistent link: https://www.econbiz.de/10012453226
We study the medium-term impacts of the Skills for Effective Entrepreneurship Development (SEED) program, an innovative … to the control group, SEED entrepreneurs created 985 additional jobs and 550 new businesses …
Persistent link: https://www.econbiz.de/10012533394
redistributive taxation. In equilibrium, agents become entrepreneurs if their skill is sufficiently high or risk aversion … sufficiently low. Under heavier taxation, entrepreneurs are more skilled and less risk-averse, on average. Through these selection …
Persistent link: https://www.econbiz.de/10012457001
Various theories of market failures and targeting motivate the promotion of entrepreneurship training programs … throughout the world. Using data from the largest randomized control trial ever conducted on entrepreneurship training, we …
Persistent link: https://www.econbiz.de/10012460854
, where education increases the level of entrepreneurship. Human capital spillovers occur at the city level because skilled … productivity or entrepreneurship, not with growth in quality of life, at least outside of the West. We also find that skills seem …
Persistent link: https://www.econbiz.de/10012461723
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 …
Persistent link: https://www.econbiz.de/10012479519
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 …
Persistent link: https://www.econbiz.de/10012479602
We use an extensive panel of 17 million individuals born between 1947 and 1995 from China's largest online marketplace, Taobao, to study the impact of RAE on the propensity to become an entrepreneur. Using events surrounding the Cultural Revolution and the issuance of the Compulsory Education...
Persistent link: https://www.econbiz.de/10012480969
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 …
Persistent link: https://www.econbiz.de/10012481000