Our team has identified three recently published entrepreneurship studies that use data from across the world to answer interesting policy questions. A summary of each paper is below.
Do Cities Have More Entrepreneurs?
A new study based on data from 22 European countries investigates whether urban areas are more entrepreneurial than rural ones. Here’s the authors’ answer: “Opportunity-motivated entrepreneurship tends to be higher in urban areas.”
The study also analyzes the characteristics that play a large role in the growth of entrepreneurship, and thus set cities apart. To read the full paper by Neils Bosma and Rolf Sternberg, please click here.
What Makes Some Founders More Successful Than Others?
A recent paper explores the relationship between the characteristics of entrepreneurs and successful exits, such as acquisitions or IPOs. It examines the impact of factors such as an entrepreneur’s previous work experience and educational background. “This study found that is was not the human capital, but the labor of the entrepreneur that helped realize a successful entrepreneurial exit.”
The study, entitled “Entrepreneur Characteristics and the Success of Venture Exit”, was authored by Sang M. Lee and Byungku Lee and can be found here.
Do Startups Increase Economic Productivity?
New research analyzes the impact of startups on regional productivity growth in Germany. The author’s findings were positive: “It is demonstrated that start-ups do affect regional productivity growth. But the impact is not proved continually: it varies between the manufacturing and the service sector and between the two parts of Germany”
The full paper by Udo Brixy can be found at this link.