IDEAS home Printed from https://ideas.repec.org/a/tpr/restat/v105y2023i3p528-544.html
   My bibliography  Save this article

What Is the US Comparative Advantage in Entrepreneurship? Evidence from Israeli Migration to the United States

Author

Listed:
  • Annamaria Conti

    (IE University)

  • Jorge A. Guzman

    (Columbia Business School, Columbia University)

Abstract

We investigate underlying sources of the US entrepreneurial ecosystem's advantage compared to other innovative economies by assessing the benefits that Israeli startups derive from migrating to the United States. Addressing positive sorting into migration, we show that migrants raise larger funding amounts and are more likely to have a U.S. trademark and be acquired than nonmigrants. Migrants also achieve a higher acquisition value. However, their patent output is not larger. We conclude that the United States entrepreneurial ecosystem's advantage vis-Ã -vis other innovative economies arises from several sources producing sizeable gains for startups. These sources are investor availability as well as large consumer and acquisitions markets.

Suggested Citation

  • Annamaria Conti & Jorge A. Guzman, 2023. "What Is the US Comparative Advantage in Entrepreneurship? Evidence from Israeli Migration to the United States," The Review of Economics and Statistics, MIT Press, vol. 105(3), pages 528-544, May.
    • Handle: RePEc:tpr:restat:v:105:y:2023:i:3:p:528-544
    DOI: 10.1162/rest_a_01068
    as

    Download full text from publisher

    File URL: https://doi.org/10.1162/rest_a_01068
    Download Restriction: Access to PDF is restricted to subscribers.
    File URL: https://libkey.io/10.1162/rest_a_01068?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpr:restat:v:105:y:2023:i:3:p:528-544. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kelly McDougall (email available below). General contact details of provider: https://direct.mit.edu/journals .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.