Articles - Kerr et al (2014)
7 important questions on Articles - Kerr et al (2014)
We assert in this paper that effective entrepreneurship—especially among high-growth ventures and for the economy as a whole—builds upon
Entrepreneurship is fundamentally about experimentation because
In this environment of tremendous uncertainty, experimentation allows entrepreneurs and investors to
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
The costs of running experiments play a big role in entrepreneurship. Technological change in the last decade has dramatically
Venture capital investors routinely refer to “financing risk” (similar to rollover risk) to describe
How should policymakers interested in promoting entrepreneurship think about the role of experimentation?
Governments are more likely to facilitate effective entrepreneurship if they work to reduce the costs of experimentation in general.
Economists should bear in mind two very different forms of experimentation that are associated with entrepreneurship.
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
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