AN NBER PUBLICATION
ISSUE: No. 2, October 2022
The Bulletin on Entrepreneurship
Introducing recent NBER entrepreneurship research and the scholars who conduct it
Startups located in coworking hubs can benefit from knowledge spillovers from their startup neighbors. In (Co-)Working in Close Proximity: Knowledge Spillovers and Social Interactions (NBER Working Paper 30120), Maria P. Roche, Alexander Oettl, and Christian Catalini find that knowledge spillovers are greatest among startup workers who socialize but are in moderately dissimilar enterprises.
The researchers studied one of the five largest technological...
Article
Job seekers are more interested in working for startups funded by successful venture capitalists than for those whose investors lack positive track records, holding startup quality constant, Shai Bernstein, Kunal Mehta, Richard R. Townsend, and Ting Xu find in Do Startups Benefit from Their Investors’ Reputation? (NBER Working Paper 29847).
If a highly successful investor had a stake in a startup that was posting a job on the AngelList Talent job search platform, job...
Article
Successful founders of venture-capital-backed startups are more likely to become venture capitalists (VCs), and are more likely to succeed as VCs, Paul A. Gompers and Vladimir Mukharlyamov find in Transferable Skills? Founders as Venture Capitalists (NBER Working Paper 29907).
The researchers collect data from 1990–2019 from VentureSource and Thompson Financial on the identities of startup founders and VCs as well as information on dates of investments, amounts...
Article
After a venture capital boom and bust in clean energy investments in the early 2000s, investors and policymakers have recently shown renewed interest in green startups. In The Role of Venture Capital and Governments in Clean Energy: Lessons from the First Cleantech Bubble (NBER Working Paper 29919), Matthias van den Heuvel and David Popp investigate the factors that contributed to the past decline in venture funding. They analyze comprehensive Crunchbase data on over 149...
The NBER Bulletin on Entrepreneurship highlights economic research on the factors that stimulate and support successful entrepreneurial activity, the community of entrepreneurs, and the impact of entrepreneurs and the businesses they create on the broader economy. This digital bulletin, distributed twice each year, also introduces a leading scholar of entrepreneurship and highlights NBER projects that promote research on entrepreneurship. The NBER's Entrepreneurship Working Group and related initiatives are supported by the Ewing Marion Kauffman Foundation.
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