Found 24 article(s) for author 'William R. Kerr'

Clusters of Entrepreneurship and Innovation

Clusters of Entrepreneurship and Innovation. William R. Kerr, Edward Glaeser, 2014, Book Chapter. “This chapter reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United States. We discuss rationales for the agglomeration of these activities and the economic consequences of clusters. We identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation. While arguments exist for and against policy support of entrepreneurial clusters, our understanding of what works and how it works is quite limited…” Link

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Entrepreneurial Finance Lab: Scaling an Innovative Start-up Financing Venture

Entrepreneurial Finance Lab: Scaling an Innovative Start-up Financing Venture. William R. Kerr, Joan Farre-Mensa, January 2014, Case. “EFL provides credit-scoring services in developing countries using psychometric assessment, but the potential loss of a large customer makes them reconsider their scaling narrative…” May require purchase or user account. Link Verified October 11, 2014

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Heterogeneous Technology Diffusion and Ricardian Trade Patterns

Heterogeneous Technology Diffusion and Ricardian Trade Patterns. William R. Kerr, November 2013, Paper. “This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting heterogeneous technology diffusion from immigrant communities in the United States for identification…” Link

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Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development

Homestrings, Inc.: Diaspora-Based Financing and the Crowd Funding of Development. William R. Kerr, September 2013, Case. “Homestrings is an online investment platform for overseas diasporas to link financially with their home countries. The founder believes crowd-funding can become a pillar for development, but U.S. regulatory hurdles and resources constraints are substantial. The company is considering targeting non-diaspora investors, introducing new products like insurance or banking, and related expansion strategies…” May require purchase or user account. Link Verified October 11, 2014

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Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines

Entrepreneurship and Urban Growth: An Empirical Assessment with Historical Mines. William R. Kerr, Edward Glaeser, September 2013, Paper. “Measures of entrepreneurship, such as average establishment size and the prevalence of start-ups, correlate strongly with employment growth across and within metropolitan areas, but the endogeneity of these measures bedevils interpretation. Chinitz (1961) hypothesized that coal mines near Pittsburgh led that city to specialization in industries, like steel, with significant scale economies and that those big firms led to a dearth of entrepreneurial human capital across several generations…” Link

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Diasporas and Outsourcing: Evidence from oDesk and India

Diasporas and Outsourcing: Evidence from oDesk and India. William R. Kerr, August 26, 2013, Paper. “This study examines the role of the Indian diaspora in the outsourcing of work to India. Our data are taken from oDesk, the world’s largest online platform for outsourced contracts, where India is the largest country in terms of contract volume. We use an ethnic name procedure to identify ethnic Indian users of oDesk in other countries around the world. We find very clear evidence that diaspora-based links matter on oDesk, with ethnic Indians in other countries 32% (9 percentage points) more likely to choose a worker in India..” Link Verified October 11, 2014

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U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence

U.S. High-Skilled Immigration, Innovation, and Entrepreneurship: Empirical Approaches and Evidence. William R. Kerr, August 2013, Paper. “High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Immigrants account for roughly a quarter of U.S. workers in these fields, and they have a similar contribution in terms of output measures like patents or firm starts. This contribution has been rapidly growing over the last three decades…” Link Verified October 12, 2014

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From Russia with Love: The Impact of Relocated Firms on Incumbent Survival

From Russia with Love: The Impact of Relocated Firms on Incumbent Survival. William R. Kerr, May 2013, Paper. “We identify the impact of local firm concentration on incumbent performance with a quasi-natural experiment. When Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent expropriation. We show that the regional location decisions of these firms upon moving to western Germany were driven by non-economic factors and heuristics rather than existing industrial conditions…” Link Verified October 11, 2014

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Entrepreneurial Finance in Finland?

Entrepreneurial Finance in Finland? William R. Kerr, March 2013, Case. “This case describes a new venture attempting to bring early-stage entrepreneurial financing to Finland and other Nordic countries. Entrepreneurship is taking off in Finland, an area that historically has had little venture capital or high-growth start-up activity, but a gap remains for seed-stage financing. The founders are evaluating the best way to structure their private equity fund to reflect their own assets and abilities and the needs and resources of the entrepreneurial scene in the Nordics…” May require purchase or user account. Link Verified October 11, 2014

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