Showing 1 - 10 of 27
This paper examines how government funding programs geared towards early-stage companies interact with private capital markets. Using hand-collected data on 755 government programs worldwide, we find that governments' allocations to such funding programs have been comparable to global venture...
Persistent link: https://www.econbiz.de/10012510623
Immigrant founders of venture capital-backed companies have been critical to the entrepreneurial ecosystem. We document the channels through which immigrant founders find their way to the United States and how those channels have changed over time. Immigrants have been an important source of...
Persistent link: https://www.econbiz.de/10012533322
ecosystems. Assessing the impact of research institutions on entrepreneurship is challenging, given that these institutions are … measure both the quantity and quality-adjusted quantity of entrepreneurship at the zip-code level on an annual basis. We then … the quality-adjusted quantity of entrepreneurship. In contrast, increases in non-research funding to universities and …
Persistent link: https://www.econbiz.de/10012533395
The theoretical literature has long noted that talent can be used in both the entrepreneurial and non-entrepreneurial sectors, and its allocation depends on the reward structure. We test these hypotheses by linking administrative college admissions data for 1.8 million individuals with the...
Persistent link: https://www.econbiz.de/10012533414
In this paper we explore whether or not the experience as a founder of a venture capital-backed startup influences the performance of founders who become venture capitalists (VCs). We find that nearly 7% of VCs were previously founders of a venture-backed startup. Having a successful exit and...
Persistent link: https://www.econbiz.de/10013191001
We explore the role of founding teams in accounting for the post-entry dynamics of startups. While the entrepreneurship …
Persistent link: https://www.econbiz.de/10012482633
We develop a framework for identifying and quantifying barriers to entry and operation faced by female entrepreneurs in developing countries, and apply it to the Indian economy. We find that despite considerable progress over time, female entrepreneurs still face substantial entry and business...
Persistent link: https://www.econbiz.de/10012482701
We explore co-ethnic hiring among new ventures using U.S. administrative data. Co-ethnic hiring is ubiquitous among immigrant groups, averaging about 22.5% and ranging from <2% to >40%. Co-ethnic hiring grows with the size of the local ethnic workforce, greater linguistic distance to English, lower...</2%>
Persistent link: https://www.econbiz.de/10012482724
Young firms' contribution to aggregate employment has been underwhelming. However, a similar trend is not apparent in their contribution to aggregate sales or aggregate stock market capitalization. We study the implications of the arrival of "low marginal - high average" revenue-product-of-labor...
Persistent link: https://www.econbiz.de/10012660092
impacted states, thus exacerbating the geographic disparity in high-growth entrepreneurship …
Persistent link: https://www.econbiz.de/10012629431