Analyzing data on all U.S. employers in a cohort of entering firms, we document a highly skewed size distribution, such that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little of the size variation is accounted for by industry...

Objective: The objective of this research is to elaborate a framework that explores the relationships between the performance of high-growth enterprises and the characteristics of regional entrepreneurial ecosystems (EEs). Research Design & Methods: This conceptual article adopts a...

Young firms are known to grow at a faster rate than incumbents. With administrative firm data from Germany, we show that the higher growth rates indeed translate into upward mobility within the firm size distribution. Young firms are therefore not only able to catch up, but also to grow larger...

This paper connects the return to entrepreneurship and firm growth decisions in a dynamic investment model with limited access to external financing. When additional assets can effectively relieve financing constraints, the entrepreneur values dollar return more than its face value for firm...

This paper tests the presence of an ‘entrepreneurial imprinting effect' of founders' human capital on entrepreneurial ventures' sales growth performance. More specifically, we disentangle the effect of the stock of human capital possessed at foundation from the potential injections and losses...

The Entrepreneurial Ecosystems (EE) approach makes specific predictions regarding how EE inputs are converted into high-growth firms (HGFs) as an output. A simulation model draws out our hypothesis of regional persistence in HGF shares. Based on intuitions that EEs are persistent, we investigate...

This paper tests the presence of an ‘entrepreneurial imprinting effect’ of founders’ human capital on entrepreneurial ventures’ performance. More specifically, we empirically explore the impact of entrepreneurs’ human capital on a firm’s sales growth performance by disentangling the...

The study examines the effect of corporate entrepreneurship (CE) as measured by innova-tion, risk taking, proactiveness, strategic rene-wal and corporate venturing on service firm non-financial performance as measured by market share, employee's satisfaction, efficie-ncy, productivity and...