entrepreneurship

Why So Many Local Entrepreneurs?

The authors document that the fraction of entrepreneurs who work in the region where they were born is significantly higher than the corresponding fraction for dependent workers. This difference is more pronounced in more developed regions and positively related to the degree of local financial development.

Entrepreneurial Activity and Entrepreneurial Environment? A Re-examination of the GEMs Approach

The authors re-examine the measurement of entrepreneurial activity and provide a model-based approach at measure. Even though there is consensus about the importance of measuring entrepreneurial activity, researchers differ about the appropriate ways to measure the breadth of entrepreneurial activity, the authors conclude

Who Becomes an Auditing Entrepreneur? The Effects of Human Capital, Age, and Job Stability

The focus of the paper is on the individual characteristics of newly certified auditors who apply for their auditing licenses in anticipation of entering solo practice or a partnership in an auditing firm, comparing them to their counterparts who do not apply for such a license. Our analysis draws on an integration of the human capital and entrepreneurship literatures, leading us to a number of hypotheses that are tested through logistic regression models.

University Invention, Entrepreneurship, and Start-Ups

This paper develops a game-theoretic model that predicts when a university invention is commercialized in a start-up firm rather than an established firm. The model predicts that university inventions are more likely to occur in start-ups when the technology transfer officers search cost is high, the cost of development or commercialization is lower for a start-up, or the inventors effort cost in development is lower in a start-up.