The role of entrepreneurs in start-up success
The role of young firms in the economy today is significant. However, micro-level data show considerable heterogeneity among firms, with only a small part of start-ups growing, while the majority fail to survive. The EU-funded MacroEntrepreneurs project will study the link between entrepreneurs, firms and the macroeconomy. It will estimate to what extent growth and survival are predictable and related to entrepreneur characteristics. In addition, it will use empirical evidence to establish a new macroeconomic pattern of firm dynamics in which growth and survival depend on heterogeneous founders. The project will address issues and questions such as the impact of wealth inequality on the decision to start a firm and how policy can enhance the creation of high-growing firms.
Fields of science
Funding SchemeERC-STG - Starting Grant
OX1 2JD Oxford
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