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Immigrant Entrepreneurship : New Estimates and a Research Agenda

Chodavadia, Saheel; Pekkala Kerr, Sari; Kerr, William R.; … - National Bureau of Economic Research - 2024

Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new … employer businesses in the US. We review recent research on the measurement of immigrant entrepreneurship, the traits of …

Persistent link: https://www.econbiz.de/10014544679

Partisan Entrepreneurship

Engelberg, Joseph; Guzman, Jorge; Lu, Runjing; Mullins, … - National Bureau of Economic Research - 2022

, we find that 6% of Republicans and 4% of Democrats become entrepreneurs. This partisan entrepreneurship gap is time …-varying: Republicans increase their relative entrepreneurship during Republican administrations and decrease it during Democratic … entrepreneurship around the elections of President Obama and President Trump, and the strongest effects among the most politically …

Persistent link: https://www.econbiz.de/10013334466

A Theory of Visionary Disruption

Gans, Joshua - National Bureau of Economic Research - 2022

Exploitation of disruptive technologies often requires resource deployment that creates conflict if there are divergent beliefs regarding the efficacy of a new technology. This arises when a visionary agent has more optimistic beliefs about a technological opportunity. Exploration in the form of...

Persistent link: https://www.econbiz.de/10013210119

Theory-Driven Entrepreneurial Search

Chavda, Ankur; Gans, Joshua; Stern, Scott - National Bureau of Economic Research - 2024

How should theory-based entrepreneurs search for strategies to implement their ideas? The theory-based view of strategy posits that decision-makers hold theories about their environment premised on beliefs that should be actively tested. This causal framework, which underlies the theory-based...

Persistent link: https://www.econbiz.de/10014528358

Of Academics and Creative Destruction : Startup Advantage in the Process of Innovation

Kolev, Julian; Haughey, Alexis; Murray, Fiona E. S.; … - National Bureau of Economic Research - 2022

What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of commercializing research from top U.S. universities; however, prior work has little to say on the particular advantages of startup ventures in the innovation process relative to more...

Persistent link: https://www.econbiz.de/10013362016

International Sanctions and Dollar Dominance

Bianchi, Javier; Sosa Padilla, César - National Bureau of Economic Research - 2023

This paper investigates the implications of international financial sanctions for the reserve currency status of the US dollar. We propose a simple model of a reserve currency, demonstrate how the anticipation of financial sanctions can weaken the dollar's status, and evaluate the welfare...

Persistent link: https://www.econbiz.de/10014247945

Judicial Independence, Local Protectionism, and Economic Integration : Evidence from China

Liu, Ernest; Lu, Yi; Peng, Wenwei; Wang, Shaoda - National Bureau of Economic Research - 2022

We show that judicial independence can reduce local protectionism and foster cross-regional economic integration. We exploit a judicial independence reform in China with staggered roll-out since 2014. The reform removed local governments' control over local courts' financial and personnel...

Persistent link: https://www.econbiz.de/10013388788

Advances in the Economic Theory of Cultural Transmission

Bisin, Alberto; Verdier, Thierry - National Bureau of Economic Research - 2022

In this paper we survey recent advances in the economic theory of cultural transmission. We highlight three main themes on which the literature has made great progress in the last ten years: the domain of traits subject to cultural transmission, the micro-foundations for the technology of...

Persistent link: https://www.econbiz.de/10013388822

Fighting Climate Change : International Attitudes Toward Climate Policies

Dechezleprêtre, Antoine; Fabre, Adrien; Kruse, Tobias; … - National Bureau of Economic Research - 2022

Using new surveys on more than 40,000 respondents in twenty countries that account for 72% of global CO2 emissions, we study the understanding of and attitudes toward climate change and climate policies. We show that, across countries, support for climate policies hinges on three key perceptions...

Persistent link: https://www.econbiz.de/10013334482

The Cost of Regulatory Compliance in the United States

Trebbi, Francesco - National Bureau of Economic Research - 2022

We quantify firms' compliance costs of regulation from 2002 to 2014 in terms of their labor input expenditure to comply with government rules, a primary component of regulatory compliance spending for large portions of the U.S. economy. Detailed establishment-level occupation data, in...

Persistent link: https://www.econbiz.de/10013462739

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