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来源类型Working Paper
规范类型报告
DOI10.3386/w23320
来源IDWorking Paper 23320
The Productivity Advantage of Serial Entrepreneurs
Kathryn L. Shaw; Anders Sørensen
发表日期2017-04-10
出版年2017
语种英语
摘要Serial entrepreneurs, who open more than one business, are found to have higher sales and higher productivity than novice entrepreneurs, who open one business. Using panel data on entrepreneurs and their firms from Denmark for 2001-2013, the serial entrepreneur has 67% higher sales than the novice, but also opens firms that are larger in terms of the initial capital and labor, and thus is 39% more productive. There are subsets of firms that perform especially well – serial entrepreneurs that hold a portfolio of overlapping ongoing firms perform the best, as do those that open as limited liability firm rather than proprietorships. Female serial entrepreneurs do as well as male serial entrepreneurs relative to the performance of novices of their own genders. The second firms of the serial entrepreneurs also stay in business longer than the first (and only) firms of the novices.
主题Financial Economics ; Financial Institutions ; Labor Economics ; Labor Supply and Demand ; Industrial Organization ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w23320
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/580993
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Kathryn L. Shaw,Anders Sørensen. The Productivity Advantage of Serial Entrepreneurs. 2017.
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