The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
With a Little Help from My (Random) Friends: Success and Failure in Post-Business School Entrepreneurship
Abstract
How do individuals decide to become entrepreneurs and learn to make optimal entrepreneurial decisions? The concentration of entrepreneurs in regions such as Silicon Valley has stimulated research and policy interest into the influence of peers, but the causal effect is hard to identify empirically. We exploit the exogenous assignment of students into business-school sections to identify the causal effect of entrepreneurial peers. We show that, in contrast to prior findings, a higher share of entrepreneurial peers decreases, rather than increases, entrepreneurship. The decrease is driven by a reduction in unsuccessful entrepreneurial ventures; the effect on successful ventures is significantly more positive.
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Cites
Djankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302753399436 · Cited by 3,956
Cited by
Political Connections and Allocative Distortions
SCHOENHERR, D. (2019) · The Journal of Finance · doi:10.1111/jofi.12751 · Cited by 328
Seeking the Roots of Entrepreneurship: Insights from Behavioral Economics
Åstebro, T., Herz, H., Nanda, R., & Weber, R. A. (2014) · Journal of Economic Perspectives · doi:10.1257/jep.28.3.49 · Cited by 326
Peer Pressure: Social Interaction and the Disposition Effect
Heimer, R. Z. (2016) · Review of Financial Studies · doi:10.1093/rfs/hhw063 · Cited by 323
The Effects of Business Accelerators on Venture Performance: Evidence from Start-Up Chile
Gonzalez-Uribe, J., & Leatherbee, M. (2018) · The Review of Financial Studies · doi:10.1093/rfs/hhx103 · Cited by 286
Peer effects in corporate disclosure decisions
Seo, H. (2021) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2020.101364 · Cited by 258
Metadata
- Authors
- Lerner, J., & Malmendier, U.
- Venue
- Review of Financial Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 2013-06-17
- Volume
- 26
- Issue
- 10
- Pages
- 2411-2452
- ISSN
- 0893-9454 (ISSN-L)
- 1465-7368
- OpenAlex
- W2008049964
- Cited by
- 299
- References
- 1
- FWCI
- 40.05
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
