€™ past failure for investors' decisions. Our motivating insight is that failure can be due to bad luck, lack of skill or both … of failure into luck and skill. Our results indicate that investors discount entrepreneurs who have experienced failure … entrepreneurial failure is prevalent, we find that investors are sensitive to its core drivers: luck and skill. …

failure for investors' decisions. Our motivating insight is that failure can be due to bad luck, lack of skill or both … of failure into luck and skill. Our results indicate that investors discount entrepreneurs who have experienced failure … entrepreneurial failure is prevalent, we find that investors are sensitive to its core drivers: luck and skill. …

failure for investors' decisions. Our motivating insight is that failure can be due to bad luck, lack of skill or both … of failure into luck and skill. Our results indicate that investors discount entrepreneurs who have experienced failure … entrepreneurial failure is prevalent, we find that investors are sensitive to its core drivers: luck and skill. …

We measure the willingness to compete of entrepreneurs and salaried workers in an experiment. We let participants …

We measure the willingness to compete of entrepreneurs and salaried workers in an experiment. We let participants …

In a real effort experiment with repeated competition we find striking differences in how the work effort of men and … impacts negatively on productivity only when the prize at stake is big enough. Responses to luck are more persistent and … experiment. Our findings shed new light on why women may be less inclined to pursue competition-intensive careers. …