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Understanding the Entrepreneur: An Index of Entrepreneurial Success AgEcon
Fried, Harold O.; Tauer, Loren W..
A measure of entrepreneur success is important to identify current and future successful ventures, to further our understanding of the entrepreneurial process and to guide public policies to improve the success rate of start-ups. In this paper we propose an index of entrepreneur success that accommodates multiple inputs and outputs, that is predicated on inputs and that mitigates the impact of outliers. We relate the index to characteristics of the entrepreneur and the venture: age, experience, gender, race, competitive advantage, education, and birthplace. The data are from the Kauffman Firm Survey. The index is calculated for 2,863 firms in 2006.
Tipo: Working or Discussion Paper Palavras-chave: Entrepreneur; Kauffman Survey; Financial Economics; Productivity Analysis.
Ano: 2009 URL: http://purl.umn.edu/55933
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The Impact of Age on the Ability to Perform under Pressure: Golfers on the PGA Tour AgEcon
Fried, Harold O.; Tauer, Loren W..
This paper is about aging and the ability to perform under pressure on the PGA tour. Performance increases with golfing skill, but may first increase and then decrease with age as experience interacts with changes in physical condition. Similarly, mental fortitude or the ability of a golfer to perform under pressure may first increase and then decrease with age as experience interacts with changes in the ability to concentrate. Net performance on the tour is the result of both physical golfing skill and the ability to perform under pressure. We control for changes in physical skill and focus on the mental side of the game. The role of experience suggests an inverted U shaped relationship between age and mental performance that could vary significantly...
Tipo: Working or Discussion Paper Palavras-chave: Age; Efficiency; Order-m FDH; Golf; Performance under pressure; Productivity Analysis.
Ano: 2009 URL: http://purl.umn.edu/51103
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