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来源类型Working Paper
规范类型报告
DOI10.3386/w24489
来源IDWorking Paper 24489
Age and High-Growth Entrepreneurship
Pierre Azoulay; Benjamin Jones; J. Daniel Kim; Javier Miranda
发表日期2018-04-09
出版年2018
语种英语
摘要Many observers, and many investors, believe that young people are especially likely to produce the most successful new firms. We use administrative data at the U.S. Census Bureau to study the ages of founders of growth-oriented start-ups in the past decade. Our primary finding is that successful entrepreneurs are middle-aged, not young. The mean founder age for the 1 in 1,000 fastest growing new ventures is 45.0. The findings are broadly similar when considering high-technology sectors, entrepreneurial hubs, and successful firm exits. Prior experience in the specific industry predicts much greater rates of entrepreneurial success. These findings strongly reject common hypotheses that emphasize youth as a key trait of successful entrepreneurs.
主题Labor Economics ; Labor Supply and Demand ; Industrial Organization ; Firm Behavior ; Development and Growth ; Country Studies
URLhttps://www.nber.org/papers/w24489
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582163
推荐引用方式
GB/T 7714
Pierre Azoulay,Benjamin Jones,J. Daniel Kim,et al. Age and High-Growth Entrepreneurship. 2018.
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