Why has physical piracy of music grown globally in recent years despite international efforts to reduce the problem? This research employs cross-country time series data analysis to examine physical music piracy rates across developed and developing economies. We provide 1999-2004 cross-country...

Does performance volatility enable organizations to increase their rank relative to their rivals? While prior research has argued that rankings are derived from organizations’ realized (past) performance, under quality uncertainty, volatility could also confer advantages for increasing rank....

This study extends and applies the methodology proposed by Guzman and Stern (2015) to estimate and map the quality of entrepreneurship in India, using government census data for 1,542,555 registered micro, small, and medium enterprises (MSMEs), spanning all 29 states in India. To our knowledge,...

Why do societies vary in their rates of entrepreneurship and organizational founding? Drawing on the largest available longitudinal sample comprising 192 countries over 2001-2018, I examine the evidence in relation to several explanations, including variation in the density of established...

Digital platforms often emerge to meet the needs left unaddressed by missing or underdeveloped institutional infrastructure (i.e., “institutional voids”). We examine the case of “mobile money” and the role it has played in filling voids in credit-market institutions that limit access to...

Entrepreneurship is widely thought to be associated with innovation, yet the prior evidence about this relationship has been mixed. For this reason, some researchers have argued that the locus of innovation lies with large, professionally managed firms rather than new entrants. This study uses...

Past performance is considered one of the most salient, reliable indicators of future performance. For this reason, when considering making investments, investors typically focus on opportunities that have, on average, shown high net returns in the past. In many markets where there is extreme...

Why are some nations more entrepreneurial than others? This study examines the cultural antecedents of cross-national variation in the rates of organizational founding. It argues that some nations became more entrepreneurial than others through their adaptive response to ecological adversity....