The DOI matches its Crossref record; 23 of the 23 references it cites were found in a registry or an index.
Demographics and Entrepreneurship
Open accessAbstract
Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to entrepreneurship decline with age, but business skills increase with experience in high-level positions. Having too many older workers in society slows entrepreneurship. When older workers occupy key positions, they block younger workers from acquiring skills. A theory is formulated and tested using the Global Entrepreneurship Monitor data. A one standard deviation decrease in a country’s median age increases new business formation by 2.5 percentage points, which is about 40 percent of the mean rate. Furthermore, older societies have lower rates of entrepreneurship at every age.
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Cited by
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity
Maestas, N., Mullen, K. J., & Powell, D. (2023) · American Economic Journal: Macroeconomics · doi:10.1257/mac.20190196 · Cited by 395
Demographic Structure and Macroeconomic Trends
Aksoy, Y., Basso, H. S., Smith, R. P., & Grasl, T. (2019) · American Economic Journal: Macroeconomics · doi:10.1257/mac.20170114 · Cited by 267
The Effect of Population Aging on Economic Growth, the Labor Force and Productivity
Maestas, N., Mullen, K., & Powell, D. (2016) · doi:10.3386/w22452 · Cited by 220
Fertility in High-Income Countries: Trends, Patterns, Determinants, and Consequences
Bloom, D. E., Kuhn, M., & Prettner, K. (2024) · Annual Review of Economics · doi:10.1146/annurev-economics-081523-013750 · Cited by 64
The Evaluation of Founder Failure and Success by Hiring Firms: A Field Experiment
Botelho, T. L., & Chang, M. (2023) · Organization Science · doi:10.1287/orsc.2022.1592 · Cited by 37
Metadata
- Authors
- Liang, J., Wang, H., & Lazear, E. P.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 2018-10
- Volume
- 126
- Issue
- S1
- Pages
- S140-S196
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W1731770012
- Cited by
- 296
- References
- 23
- FWCI
- 22.77
- Type
- journal article
- Language
- en
- Open access
- green
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