Showing 1 - 10 of 16
Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly … instrument for our entrepreneurship measures and find a persistent link between entrepreneurship and city employment growth; this …
Persistent link: https://www.econbiz.de/10010859538
Draft chapter for the forthcoming Handbook of Regional and Urban Economics, Vols. 5A and 5B This paper reviews academic research on the connections between agglomeration and innovation. The authors first describe the conceptual distinctions between invention and innovation. They then discuss how...
Persistent link: https://www.econbiz.de/10010930297
We study entrepreneurship and growth through the lens of U.S. cities. Initial entrepreneurship correlates strongly with … damped entrepreneurship across several generations. Proximity to historical mining deposits is associated with reduced … entrepreneurship for cities in the 1970s and onward in industries unrelated to mining. We use historical mines as an instrument for our …
Persistent link: https://www.econbiz.de/10011266979
We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. We find that the average entry size for startups did not change following the deregulations. However, among firms that survived at least four years, a greater...
Persistent link: https://www.econbiz.de/10005087427
We model spatial clusters of similar firms. Our model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance over which attraction forces operate. Overlapping firm interactions yield agglomeration clusters...
Persistent link: https://www.econbiz.de/10010553120
Theory predicts that mandated employment protections may reduce productivity by distorting production choices. Firms facing (non-Coasean) worker dismissal costs will curtail hiring below efficient levels and retain unproductive workers, both of which should affect productivity. These theoretical...
Persistent link: https://www.econbiz.de/10005763644
. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. Evidence … on sales per worker does not support the higher returns for entrepreneurship rationale. Our evidence suggests that … entrepreneurship is higher when fixed costs are lower and when there are more entrepreneurial people. …
Persistent link: https://www.econbiz.de/10005049583
We investigate the speed at which clusters of invention for a technology migrate spatially following breakthrough inventions. We identify breakthrough inventions as the top one percent of US inventions for a technology during 1975-1984 in terms of subsequent citations. Patenting growth is...
Persistent link: https://www.econbiz.de/10005026825
High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for … entrepreneurship, except that it is rapidly growing in importance. …
Persistent link: https://www.econbiz.de/10010739157
heightened entrepreneurship is due to channels like greater finance access or heightened inspiration for women entrepreneurs. …
Persistent link: https://www.econbiz.de/10010777143