The Quality of Entrepreneurs
构建模型分析工人创业决策与雇主留人努力的互动，预测大企业能培养更高质量的企业家，并用挪威数据验证：前雇主规模越大，创业者资产年收益率越高。
What determines the quality of entrepreneurs? The article proposes a model of the interaction between individual workers' decision to become entrepreneurs and employers' efforts to keep their best workers and ideas. The main prediction from the model is that larger firms produce entrepreneurs of higher quality than smaller firms. Using novel and unique Norwegian data, I find that previous employer size exerts a significant influence on entrepreneurial performance. For example, increasing previous employer size from the 25 percentile to the 75 percentile increases yearly profitability on assets by 6 percentage points. Copyright © The Author(s). Journal compilation © Royal Economic Society 2009.