A sample of four-month-old start-ups echoes this finding: as many as 87 percent of new entrepreneurs expect to survive at least three years in business, whereas the actual statistical survival rate is around 60 percent.
This paper discusses three related research projects that used the Business Information Tracking Series (BITS). The purpose of the report is to demonstrate the importance and usability of large micro databases such as the BITS that cover almost all U.S. private sector businesses, and track their employment and firm ownership annually from 1988 through 2001.
The conference proceedings from the Office of Advocacy, the National Federation of Independent Business, and the United States Association for Small Business and Entrepreneurship focus on public policy issues as they pertain to entrepreneurs around the world. In the sessions, participants learned about the costs of entry for a new firm, work force challenges, regulatory burdens, the importance of technology transfer and innovation, and small business financing issues from a wide variety of global experts.
The conference proceedings from the Office of Advocacy, the National Federation of Independent Business, and the United States Association for Small Business and Entrepreneurship focus on public policy issues as they pertain to entrepreneurs around the world. In the sessions, participants learned about the costs of entry for a new firm, work force challenges, regulatory burdens, the importance of technology transfer and innovation, and small business financing issues from a wide variety of global experts.
The conference proceedings from the Office of Advocacy, the National Federation of Independent Business, and the United States Association for Small Business and Entrepreneurship focus on public policy issues as they pertain to entrepreneurs around the world. In the sessions, participants learned about the costs of entry for a new firm, work force challenges, regulatory burdens, the importance of technology transfer and innovation, and small business financing issues from a wide variety of global experts.
This report examines whether computer ownership
in the home influences self-employment or entrepreneurship or the types of businesses created by entrepreneurs. Trends over the past two decades provide evidence of a positive relationship between home computers and entrepreneurship.
This paper develops a game-theoretic model of "petty corruption" by government officials. Such corruption is widespread, especially (but not only) in developing and transition economies. The model goes beyond the previously published studies in the way it describes the structure of bureaucratic "tracks" and the information among the participants.
Using case studies and data from Global Entrepreneurship Monitor (GEM), the authors explore how inward FDI impacts indigenous entrepreneurial activity in two countries, Ireland and Hungary. Findings indicate significant differences in entrepreneurial activity between Ireland and Hungary and suggest that enterprise development policies should focus on enhancing knowledge spillovers f rom FDI, increasing human capital and promote occupational choice, and enable the commercialization of new technology.
This study investigates the factors explaining the number of hours invested in new ventures, making a distinction between the effect of preference for work time versus leisure time and that of productivity of work time. Using data of 1247 Dutch entrepreneurs, the authors find that time invested in the business is determined by various aspects of human, financial and social capital, availability of other income, outsourcing, side activities and gender.
This paper examines whether methodological deficiencies in the literature on discrimination in small business credit markets have a significant impact on the estimation of discrimination and provides a preliminary investigation into the causes of discrimination in these markets. The authors find substantial, statistically significant evidence of discrimination in loan approval against black-owned and Hispanic-owned businesses in 1998 with additional control variables, with a variety of different specifications, and with a simultaneous model of the application and loan-denial decisions.