NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Does Individual Performance Affect Entrepreneurial Mobility? Empirical Evidence from the Financial Analysis Market

Boris Groysberg, Ashish Nanda, M. Julia Prats

NBER Working Paper No. 13633
Issued in November 2007

---- Acknowledgements -----

We would like to thank George Baker, Adam Brandenburger, Robert Gibbons, Jerry Green, Paul Healy, Josh Lerner, Jackson Nickerson, Nitin Nohria, Thomas Hellmann, Scott Stern, and Ezra Zuckerman as well as participants of the conferences/seminars at 2007 NBER JEMS Entrepreneurship conference, 2007 Utah-BYU Winter Strategy Conference, Columbia Business School, Harvard Business School, MIT, Stanford Business School, and University of Pennsylvania. Our gratitude to professionals at Goldman Sachs, Institutional Investor magazine, Lehman Brothers, Merrill Lynch, and Sanford C. Bernstein for interviews and comments on previous drafts. We also wish to thank Kathleen Ryan and James Schorr for research assistance. We gratefully acknowledge the Division of Research at the Harvard Business School for providing financial support for this study. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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