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来源类型Article
规范类型其他
DOI10.1007/s11187-014-9568-2
ISBN0921-898X
Business experience and start-up size: buying more lottery tickets next time around?
Coad, Alex; Frankish, Julian S; Nightingale, Paul; Roberts, Richard G
发表日期2014-10-01
出处Small Business Economics
出版者Springer
出版年2014
页码529-547
语种英语
摘要This paper explores the determinants of start-up size by focusing on a cohort of 6247 businesses that started trading in 2004, using a unique dataset on customer records at Barclays Bank. Quantile regressions show that prior business experience is significantly related with start-up size, as are a number of other variables such as age, education and bank account activity. Quantile treatment effects (QTE) estimates show similar results, with the effect of business experience on (log) start-up size being roughly constant across the quantiles. Prior personal business experience leads to an increase in expected start-up size of about 50%. Instrumental variable QTE estimates are even higher, although there are concerns about the validity of the instrument.
特色分类HF5001 Business
关键词Start-up size, entrepreneurship, business experience, learning, quantile treatment effects
URLhttp://sro.sussex.ac.uk/id/eprint/47883/
来源智库Science Policy Research Unit (United Kingdom)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/468394
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Coad, Alex,Frankish, Julian S,Nightingale, Paul,et al. Business experience and start-up size: buying more lottery tickets next time around?. 2014.
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