In recent years, more market economies have begunemerging throughout Southeast Asian countries, such as China, India, andVietnam.Often, economic reforms have acted as the catalysts for thesechanges, resulting in the rapid entry of many new firms.However, thesenew firms still face many barriers...

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...

Studies of the determinants of entrepreneurship have emphasized three distinct perspectives: market institutions, social networks and personal characteristics. Using data from a pilot survey with over 2,000 interviews in 7 cities across Russia, we find evidence for a particularly strong effect...