Showing all content in Entrepreneurship

  • Data Item

    Data: Foreign investors under stress: Evidence at the firm level

    Emerging market policy makers have been concerned about the financial stability implications of financial globalization. These concerns are focused particularly on behavior under stressed conditions. Do tail events in the home country trigger off extreme responses by foreign investors and is there any asymmetry between the responses of foreign investors to very good versus...

    2 May 2019

  • Blog post

    Is the rule of law good for women? Evidence from micro-entrepreneurs in Lusaka, Zambia

    The rapidly growing cities of the developing world can be an engine for private sector growth (Krugman, 1991; Glaeser, 2011). However, the positive externalities of living in urban areas become lost opportunities when people cannot safely trade with each other. This can happen either because of lack of mutual confidence or weakness in the rule of law. Across countries,...

    11 Mar 2019 | Nava Ashraf, Edward Glaeser, Alexia Delfino

  • Data Item

    Data: What do Indian CEOs do? Time use of Indian top executives: Determinants and implications for growth

    We present evidence on the labor supply of CEOs, and on whether family and professional CEOs differ on this dimension. We do so through a new survey instrument that allows us to codify CEOs’ diaries in a detailed and comparable fashion, and to build a bottom-up measure of CEO labor supply. The comparison of 1,114 family and professional CEOs reveals that family CEOs work...

    1 Mar 2019

  • Data Item

    Data: Evaluation of the impact of microfinance in rural areas of Morocco

    Microcredit has rapidly expanded in the past years, providing access to financial services to a large population previously excluded from the financial system. However, whether it helps the poor has been a subject of intense debate on which, until very recently, there was no rigorous evidence. This paper reports the results of a randomized experiment designed to measure the...

    1 Mar 2019

  • Data Item

    Data: Long-run effects of repayment flexibility in microfinance: Evidence from India

    Financiers across the world structure debt contracts to limit the risk of entrepreneurial lending. But debt structures that reduce risk may inhibit enterprise growth, especially among the poor. Using a field experiment we quantify the short- and long-run tradeoffs associated with the classic microfinance debt contract. We contrast the classic contract which requires that...

    1 Mar 2019

  • Data Item

    Enabling microenterprise development in Sub-Saharan Africa through the provision of financial services

    Most people in rural Africa do not have bank accounts. In this paper, we combine experimental and survey evidence from Western Kenya to document some of the supply and demand factors behind such low levels of financial inclusion. Our experiment had two parts. In the first part, we waived the fixed cost of opening a basic savings account at a local bank for a random subset...

    28 Feb 2019

  • Blog post

    Tracking constraints to micro-enterprise growth in Kenya and Uganda

    Existing surveys that aim to measure and track barriers to business growth often under-represent micro-enterprises and small informal firms. Our pilot, which targeted a sample of small scale entrepreneurs in Kenya and Uganda in a survey conducted by phone, suggests that such enterprises may face a very different set of constraints to growth. This exposes a potential...

    14 Feb 2019 | Tavneet Suri

  • Publication - Project Report

    Constraints to entrepreneurship: Findings from pilot studies in Kenya and Uganda

    8 Jan 2019 | Tavneet Suri, Louis Dorval

  • Publication - Synthesis paper

    Addressing constraints to small and growing businesses

    Salaried wage jobs are the distinguishing feature separating the middle class from the poor in developing countries (Banerjee and Duflo 2008). Where do salaried wage jobs come from, and how can small and medium-sized firms create more of them? This synthesis paper reviews the evidence on constraints to growth of small and medium enterprises. It first examines evidence on...

    22 Nov 2018 | Christopher Woodruff

  • Publication - Miscellaneous

    A research agenda for the small and growing business sector: Summarising the current evidence and research needs

    The Aspen Network of Development Entrepreneurs (ANDE) and the IGC released the report A Research Agenda for the SGB Sector in November 2018. Hundreds, if not thousands, of programmes exist to help drive business growth in emerging markets. But what does the evidence actually tell us about whether these programmes help businesses grow? And what can practitioners learn...

    22 Nov 2018 | Aspen Network of Development Entrepreneurs