dc.contributor.author | Azoulay, Pierre | |
dc.contributor.author | Jones, Benjamin F. | |
dc.contributor.author | Kim, J. Daniel | |
dc.contributor.author | Miranda, Javier | |
dc.date.accessioned | 2021-02-22T16:21:57Z | |
dc.date.available | 2021-02-22T16:21:57Z | |
dc.date.issued | 2020-03 | |
dc.identifier.issn | 2640-205X | |
dc.identifier.issn | 2640-2068 | |
dc.identifier.uri | https://hdl.handle.net/1721.1/129944 | |
dc.description.abstract | Many observers, and many investors, believe that young people are especially likely to produce the most successful new firms. Integrating administrative data on firms, workers, and owners, we study start-ups systematically in the United States and find that successful entrepreneurs are middle-aged, not young. The mean age at founding for the 1-in-1,000 fastest growing new ventures is 45.0. The findings are 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. | en_US |
dc.language.iso | en | |
dc.publisher | American Economic Association | en_US |
dc.relation.isversionof | http://dx.doi.org/10.1257/aeri.20180582 | en_US |
dc.rights | Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use. | en_US |
dc.source | American Economic Association | en_US |
dc.title | Age and High-Growth Entrepreneurship | en_US |
dc.type | Article | en_US |
dc.identifier.citation | Azoulay, Pierre et al. "Age and High-Growth Entrepreneurship." American Economic Review: Insights 2, 1 (March 2020): 65-82 | en_US |
dc.contributor.department | Sloan School of Management | en_US |
dc.relation.journal | American Economic Review: Insights | en_US |
dc.eprint.version | Final published version | en_US |
dc.type.uri | http://purl.org/eprint/type/JournalArticle | en_US |
eprint.status | http://purl.org/eprint/status/PeerReviewed | en_US |
dc.date.updated | 2021-02-03T19:14:22Z | |
dspace.orderedauthors | Azoulay, P; Jones, BF; Kim, JD; Miranda, J | en_US |
dspace.date.submission | 2021-02-03T19:14:24Z | |
mit.journal.volume | 2 | en_US |
mit.journal.issue | 1 | en_US |
mit.license | PUBLISHER_POLICY | |
mit.metadata.status | Complete | |