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In this study, we quantify the role of foreign-born founders in high-tech entrepreneurship in a nationally … entrepreneurs ; High Tech ; High Impact Firm ; Entrepreneurship …
Persistent link: https://www.econbiz.de/10003887158
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10012775851
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/10014046240
Early-stage firms utilize venture debt in one-third of financing rounds despite their general lack of cash flow and collateral. In our model, we show how venture debt aligns incentives within a firm. We derive a novel theoretical channel in which runway extension through debt increases firm...
Persistent link: https://www.econbiz.de/10012851739
This chapter reviews the growing literature on the “market for technology,” a broad term that denotes trade in technology disembodied from physical goods. The market for technology flourished during the nineteenth century in the United States. After several decades of relative decline, the...
Persistent link: https://www.econbiz.de/10014025161
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online database indicate that founders stick with entrepreneurship as a serial entrepreneur or as an angel investor only in …
Persistent link: https://www.econbiz.de/10011436054
measure of entrepreneurship derived from matching files from the Current Population Survey (CPS) is used to provide the first …. Estimates indicate that hi-tech entrepreneurship rates were lower in Silicon Valley than the rest of the United States during … the period from January 1996 to February 2000. Examining the post-boom period, we find that entrepreneurship rates in …
Persistent link: https://www.econbiz.de/10010212670
household income. Based on individual-level data from the KfW Start-up Monitor, a large-scale survey on entrepreneurship in …
Persistent link: https://www.econbiz.de/10011881166