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The Bulletin on Entrepreneurship

Introducing recent NBER entrepreneurship research and the scholars who conduct it
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In Private or Public Equity? The Evolving Entrepreneurial Finance Landscape (NBER Working Paper 29532), Michael Ewens and Joan Farre-Mensa survey the changes in the US entrepreneurial finance market over the last two decades. Their study begins by describing the differences between publicly listed and private firms, and then explores how several regulatory, technological, and competitive changes affecting both startups and investors have affected the costs and...

Also in This Issue

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Income taxes raise government revenue, finance government spending programs, and redistribute income from high to low earners. These taxes can also induce taxpayers to work less, evade taxes, or move to lower-tax locations. The economic theory of optimal tax design tries to set tax rates to balance these trade-offs. In The Effects of Taxes on Innovation: Theory and Empirical Evidence (NBER Working Paper 29359), Stefanie Stantcheva investigates whether income...
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Removing gender-based hurdles would increase the number of women entering the Indian workforce and starting new businesses, and lift overall productivity, a new study finds. In Aggregate Implications of Barriers to Female Entrepreneurship (NBER Working Paper 28486), Gaurav Chiplunkar and Pinelopi K. Goldberg estimate the impediments faced by women who seek jobs or launch businesses in India, and then develop and calibrate a model to gauge the consequences of...

Role of Innovation and Entrepreneurship Economic Growth
A slowdown in US productivity growth in recent decades has heightened interest in the determinants of entrepreneurship and innovation, and the links between them and economic growth. To provide new insights on these critical questions, the NBER, with the generous support of the Ewing Marion Kauffman Foundation, conducted a research project on The Role of Innovation and Entrepreneurship in Economic Growth. The project consisted of 12 detailed case studies, each examining...

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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