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lower the number of fintech startups in a country. Overall, the evidence suggests that fintech startup formation need not be …
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This paper uses administrative data from projects for which an application was made to CORFO’s (Chile’s main development agency) Seed Capital Program (SCP) during the 2008-12 period. This paper analyzes the likely impact of the program-which is a subsidy provided to new, innovative firms on...
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variables to address endogeneity, we find that local growth drives local entrepreneurship exclusively in services industries … started by people, so it is unsurprising that the main factor driving local entrepreneurship is the characteristics of the …
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