Entrepreneurs are an important segment of the economy, particularly in terms of economic development (Baumol, et al. 2007). However, the study of entrepreneurs and how they create firms is still an open question (Venkataraman 1998). In part, this question remains open as a result of the academic...

The first two essays in this dissertation examine the phenomenon of venture capital syndication, or co-investment. In the first essay, I construct measures of syndicate heterogeneity and find that when venture capital firms from different geographic regions syndicate their investments, this has...