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来源类型Working Paper
规范类型报告
DOI10.3386/w20506
来源IDWorking Paper 20506
Demographics and Entrepreneurship
James Liang; Hui Wang; Edward P. Lazear
发表日期2014-09-18
出版年2014
语种英语
摘要Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to entrepreneurship may decline with age, but business skills increase with experience in high level positions. Having too many older workers in society slows entrepreneurship. Older workers do not possess the advantages of youth, but more significant is that when older workers occupy key positions they may block younger workers from acquiring business skills. A formal theoretical structure is presented and tested using the Global Entrepreneurship Monitor data. The results imply that a one-standard deviation decrease in the median age of a country increases the rate of new business formation by 2.5 percentage points, which is about forty percent of the mean rate. Furthermore, older societies have lower rates of entrepreneurship at every age.
主题Labor Economics ; Demography and Aging ; Industrial Organization ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w20506
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578178
推荐引用方式
GB/T 7714
James Liang,Hui Wang,Edward P. Lazear. Demographics and Entrepreneurship. 2014.
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