How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …

This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United … identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation …

entrepreneurship rate of locals, and negative local firm multiplier effect.Institutional subscribers to the NBER working paper series …

The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … innovators can draw. Both of these are endogenous: Investments in innovations are affected by the pool of knowledge and the … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are …

Assessing the state of American entrepreneurship requires not simply counting the quantity but also the initial quality … cycles as a driver of high-growth entrepreneurship, our results highlight the role of economic and institutional conditions …

with experimentation to learn about earnings. This pattern motivates estimating the expected returns to entrepreneurship … found to constitute a substantial portion of the monetary value of entrepreneurship. The model is then used to evaluate …

entrepreneurship and venture capital industry …

We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to … into the United States, comprehensive data for quantifying immigrant entrepreneurship are difficult to assemble. We combine …

giving birth after a cutoff date, we study whether the option to return to a previous job increases entrepreneurship. A … regression discontinuity design reveals that longer job-protected leave increases entrepreneurship by 1.9 percentage points …