| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9295 |
| DP9295 Do entrepreneurs matter? | |
| Sascha O. Becker; Hans K. Hvide | |
| 发表日期 | 2013-01-20 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and sustained effects of entrepreneurs at all levels of the performance distribution. Entrepreneurs strongly affect firm growth patterns of both very young firms and for firms that have begun to mature. We do not find significant differences between small and larger firms, family and non-family firms, nor between firms located in urban and rural areas, but we do find stronger effects for founders with high human capital. Overall, the results suggest that an often overlooked factor -- individual entrepreneurs -- plays a large role in affecting firm performance. |
| 主题 | Financial Economics ; Industrial Organization ; Labour Economics |
| 关键词 | entrepreneurship Firm performance Human capital |
| URL | https://cepr.org/publications/dp9295 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538131 |
| 推荐引用方式 GB/T 7714 | Sascha O. Becker,Hans K. Hvide. DP9295 Do entrepreneurs matter?. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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