Showing 1 - 10 of 1,093
We present a theoretical model of startup signaling with multiple signals and potential differences in external investor preferences. For a novel sample of technology incubator startups, we empirically examine the use of patents and founder, friends, and family (FFF) money as such signals,...
Persistent link: https://www.econbiz.de/10012461608
for women facing more restrictive social norms? We offered two days of business counseling to a random sample of customers … of India's largest women's bank. A random subsample was invited to attend with a friend. The intervention had a … were stronger among women from religious or caste groups with social norms that restrict female mobility …
Persistent link: https://www.econbiz.de/10012457573
, the recent rise of crowdfunding - raising capital from many people through an online platform - which offers little … initially startling. On the eve of launching equity-based crowdfunding, a new market for early-stage finance in the U.S., we … transaction costs, reputation, and market design, can explain the rise of non-equity crowdfunding and offer a framework for …
Persistent link: https://www.econbiz.de/10012459529
. Our results suggest that networking frictions are an important reason men benefit more than women from exposure to VCs …. Such frictions can help explain part of the gender gap in entrepreneurship, and also have implications for how to design …
Persistent link: https://www.econbiz.de/10012480392
With an overall lack of gender and ethnic diversity in the innovation sector documented in Gompers and Wang (2017), we ask the natural next question: Does increased diversity lead to better firm performances? In this paper, we attempt to answer this question using a unique dataset of the gender...
Persistent link: https://www.econbiz.de/10012455227
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
important role that entrepreneurship is believed to play in the process of economic growth, alleviating financing constraints …Financing constraints are one of the biggest concerns impacting potential entrepreneurs around the world. Given the … for would-be entrepreneurs is also an important goal for policymakers worldwide. We review two major streams of research …
Persistent link: https://www.econbiz.de/10012463151
entrepreneurship and rule of law that predicts that women will only start businesses when they have both formal legal protection and … a comparative advantage at violence and there is little rule-of-law, then unequal bargaining power can lead women to … segregate into low-return industries and avoid entrepreneurship altogether. In this paper, we present a model of female …
Persistent link: https://www.econbiz.de/10012480311
We review an empirical literature that studies the role of social interactions in driving economic and financial decision making. We first summarize recent work that documents an important role of social interactions in explaining household decisions in housing and mortgage markets. This...
Persistent link: https://www.econbiz.de/10012482193
We develop a framework for identifying and quantifying barriers to entry and operation faced by female entrepreneurs in … entrepreneurs still face substantial entry and business registration costs (almost twice their male counterparts'). The costs of … expanding a business, conditional on entry, are also substantially higher for women. However, there is one area in which female …
Persistent link: https://www.econbiz.de/10012482701