We review the extensive literature since 2000 on the personality traits of entrepreneurs. We
first consider baseline personality traits like the Big-5 model, self-efficacy and …

We disaggregate the self-employed into incorporated and unincorporated to distinguish
between “entrepreneurs” and other business owners. We show that the incorporated self …

Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks
while coping with adversity. As such beliefs reflect how individuals behave, think, and act …

Entrepreneurship research is on the rise but many questions about the fundamental nature
of entrepreneurship still exist. We argue that entrepreneurship is about experimentation; the …

There is a growing body of evidence that many entrepreneurs seem to enter and persist in
entrepreneurship despite earning low risk-adjusted returns. This has lead to attempts to …

This paper uses a randomized field experiment to identify which start‐up characteristics are
most important to investors in early‐stage firms. The experiment randomizes investors' …

We develop a model in which reward-based crowdfunding enables firms to obtain a reliable
proof of concept early in their production cycle: they learn about total demand from a limited …

Failure of a prior business provides an opportunity for an entrepreneur to learn in the
subsequent entrepreneurial endeavor, but learning from failure is not guaranteed. Why do …

Endeavors by entrepreneurs to manage the connections between business and family can
manifest in many behaviors and decisions. Entrepreneurs may curtail their family life for their …

Research Summary Using detailed ownership and financial information from a large sample
of owner‐managed private firms in three Western European countries, this paper examines …