Similar Search Results

Can Unemployment Insurance Spur Entrepreneurial Activity?

Hombert, Johan; Schoar, Antoinette S; Sraer, David; … - C.E.P.R. Discussion Papers - 2014

business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started …

Persistent link: https://www.econbiz.de/10011145401

Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - C.E.P.R. Discussion Papers - 2011

We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Preemptive acquisitions by incumbents are shown to stimulate the...

Persistent link: https://www.econbiz.de/10008865973

Keeping it Simple: Financial Literacy and Rules of Thumb

Drexler, Alejandro; Fischer, Greg; Schoar, Antoinette S - C.E.P.R. Discussion Papers - 2010

Individuals and business owners engage in an increasingly complex array of financial decisions that are critical for their success and well-being. Yet a growing literature documents that in both developed and developing countries, a large fraction of the population is unprepared to make these...

Persistent link: https://www.econbiz.de/10008611017

Perceptions, Expectations, and Entrepreneurship: The Role of Extreme Events

Brück, Tilman; Llussá, Fernanda; Tavares, José - C.E.P.R. Discussion Papers - 2010

We provide, for the first time, comparative evidence of the impact of various types of extreme events – natural disasters, terrorism, and violent conflicts – on the perceptions of entrepreneurs concerning some key entrepreneurial issues – such as fear of failure in starting a business...

Persistent link: https://www.econbiz.de/10008692319

The Impact of Consulting Services on Small and Medium Enterprises: Evidence from a Randomized Trial in Mexico

Bruhn, Miriam; Karlan, Dean S.; Schoar, Antoinette S - C.E.P.R. Discussion Papers - 2012

We test whether managerial human capital has a first order effect on the performance and growth of small enterprises in emerging markets. In a randomized control trial in Puebla, Mexico, we randomly assigned 150 out of 432 small and medium size enterprises to receive subsidized consulting...

Persistent link: https://www.econbiz.de/10011083751

Cultural diversity and entrepreneurship in England and Wales

Hardy, Daniel; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2014

populations. First, more that demonstrating the importance of cultural diversity for entrepreneurship, we show that the type of …

Persistent link: https://www.econbiz.de/10011083888

Finance and Poverty: Evidence from India

Ayyagari, Meghana; Beck, Thorsten; Hoseini, Mohammad - C.E.P.R. Discussion Papers - 2013

. This suggests that financial deepening contributed to poverty alleviation in rural areas by fostering entrepreneurship and …

Persistent link: https://www.econbiz.de/10011083926

Do entrepreneurs matter?

Becker, Sascha O.; Hvide, Hans K - C.E.P.R. Discussion Papers - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...

Persistent link: https://www.econbiz.de/10011083991

Foreign Direct Investment and Domestic Entrepreneurship: Blessing or Curse?

Danakol, Seçil Hülya; Estrin, Saul; Reynolds, Paul; … - C.E.P.R. Discussion Papers - 2014

between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … entrepreneurship in aggregate and intra-industry to be negative. Policies need to consider how to counteract this effect. …

Persistent link: https://www.econbiz.de/10011084197

Housing Collateral, Credit Constraints and Entrepreneurship - Evidence from a Mortgage Reform

Laerkholm Jensen, Thais; Leth-Petersen, Søren; Nanda, … - C.E.P.R. Discussion Papers - 2014

We study how a mortgage reform that exogenously increased access to credit had an impact on entrepreneurship, using … point increase in entrepreneurship, equivalent to a 4% increase in the number of entrepreneurs. New entrants were more … benefit from the reform. Our results provide evidence that credit constraints do affect entrepreneurship, but that the overall …

Persistent link: https://www.econbiz.de/10011084236