Found 38 article(s) for author 'Entrepreneurship'

Entrepreneurship as Experimentation

Entrepreneurship as Experimentation. William R. Kerr, Ramana Nanda, Matthew Rhodes-Kropf, Summer 2014, Paper. “Entrepreneurship research is on the rise, but many questions about its fundamental nature still exist. We argue that entrepreneurship is about experimentation: the probabilities of success are low, extremely skewed, and unknowable until an investment is made. At a macro level, experimentation by new firms underlies the Schumpeterian notion of creative destruction. However, at a micro level, investment and continuation decisions are not always made in a competitive Darwinian contest…” Link

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Firms and the Economics of Skilled Immigration

Firms and the Economics of Skilled Immigration. William R. Kerr, April 2014, Paper. “Firms play a central role in the selection, sponsorship, and employment of skilled immigrants entering the United States for work through programs like the H-1B visa. This role has not been widely recognized in the literature, and the data to better understand it have only recently become available. This paper discusses the evidence that has been assembled to date in understanding the impact of high-skilled immigration from the perspective of the firm and the open areas that call for more research…” Link Verified October 12, 2014

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Waste, Recycling and Entrepreneurship in Central and Northern Europe, 1870–1940

Waste, Recycling and Entrepreneurship in Central and Northern Europe, 1870–1940. Geoffery G. Jones, March 4, 2014, Paper. “This working paper examines the role of entrepreneurs in the municipal solid waste industry in industrialized central and northern Europe from the late nineteenth century to the 1940s. It explores the emergence of numerous German, Danish, and other European entrepreneurial firms explicitly devoted to making a profitable business out of conserving and returning valuable resources to productive use…” Link Verified October 11, 2014

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Marc Rich and Global Commodity Trading

Marc Rich and Global Commodity Trading. Geoffery G. Jones, March 2014, Case. “Examines the career of Marc Rich, the world’s leading commodity trader before his criminal indictment in the United States in 1983. The case surveys the historical growth of commodity trading, especially in metals, from the late nineteenth century, and its evolving forms as governments intervened in markets after 1945. Rich joined Philipp Brothers, then the largest commodity trader, in 1954. He formed his own firm two decades later…” May require purchase or user account. Link Verified October 11, 2014

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The Promise of Microfinance and Women’s Empowerment: What Does the Evidence Say?

The Promise of Microfinance and Women’s Empowerment: What Does the Evidence Say? Dina Pomeranz, February 2014, Paper. “The microfinance revolution has transformed access to financial services for low-income populations worldwide. As a result, it has become one of the most talked-about innovations in global development in recent decades. However, its expansion has not been without controversy. While many hailed it as a way to end world poverty and promote female empowerment, others condemned it as a disaster for the poor…” Link

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The Consequences of Entrepreneurial Finance: Evidence from Angel Financings

The Consequences of Entrepreneurial Finance: Evidence from Angel Financings. William R. Kerr, January 2014, Paper. “This paper documents that ventures that are funded by two successful angel groups experience superior outcomes to rejected ventures: they have improved survival, exits, employment, patenting, web traffic, and financing. We use strong discontinuities in angel funding behavior over small changes in their collective interest levels to implement a regression discontinuity approach. We confirm the positive effects for venture operations…” Link Verified October 11, 2014

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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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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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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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