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This working paper integrates the role of entrepreneurship and firms into debates on why Asia, Latin America and Africa …
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heightened entrepreneurship is due to channels like greater finance access or heightened inspiration for women entrepreneurs …
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Entrepreneurship research is on the rise but many questions about its fundamental nature still exist. We argue that … entrepreneurship is about experimentation: the probabilities of success are low, extremely skewed and unknowable until an investment is …
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We examine CEO compensation, CEO retention policies, and M&A decisions in firms where founders serve as a director with a non-founder CEO (founder-director firms). We find that founder-director firms offer a different mix of incentives to their CEOs than other firms. Pay for performance...
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