Purpose: The purpose of this paper is to investigate different types of investment actions undertaken by entrepreneurial firms to determine how these actions influence performance. Specifically, the effects of entrepreneurial action with regards to investments in human capital, the capabilities...

Previous studies have struggled to demonstrate that higher taxes deter business activity. We revisit this issue by estimating the effect of changes over time in cross-border differences in state tax conditions on the tendency for new establishments to favor one side of a state border over the...

Purpose There are countless factors that affect where an entrepreneur chooses to open a business that have been studied in the literature, including local socio-economic conditions, government policy, and agglomeration economies. One important aspect to the location decision that has not...

This paper estimates the impact of violent crime on the location of business activity and entrepreneurship in five US cities. Central to our analysis is the idea that different sectors of the economy will sort into high- and low-crime areas depending on their relative sensitivity to crime. We...

This paper considers two related questions: the impact of spatial variation in crime prevention policies on the migration of criminal activity into nearby locations and the tendency for higher-level government anti-crime policies to be offset by a scaling back of local crime deterrent efforts. A...