Entrepreneurial spillovers across coworkers

• 成果类型: Article
• 署名作者: Wallskog, Melanie
• 署名单位: Duke University
• 刊物名称: JOURNAL OF FINANCIAL ECONOMICS
• ISSN/ISSBN: 0304-405X
• DOI: 10.1016/j.jfineco.2025.104077
• 发表日期: 2025
• 关键词: Entrepreneurship; Entrepreneurial finance; Labor and Finance

摘要

How do workplace social connections shape everyday entrepreneurship? Using comprehensive data on millions of American workers across the economy, I find three key patterns. First, entrepreneurial coworkers inspire and teach entrepreneurship: individuals are more likely to become entrepreneurs after working with coworkers who previously led young businesses. Second, these effects predominantly occur within demographic groups, perpetuating lower entrepreneurship rates for women and Black Americans. Third, these workplace spillovers can increase productivity: individuals exposed to relatively successful coworkers subsequently run successful companies too.