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Understanding the Entrepreneur: An Index of Entrepreneurial Success

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  • Fried, Harold O.
  • Tauer, Loren W.

Abstract

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.

Suggested Citation

  • Fried, Harold O. & Tauer, Loren W., 2009. "Understanding the Entrepreneur: An Index of Entrepreneurial Success," Working Papers 55933, Cornell University, Department of Applied Economics and Management.
    • Handle: RePEc:ags:cudawp:55933
    DOI: 10.22004/ag.econ.55933
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    Cited by:

    1. Rashid, Lubna & Alzafari, Khaled & Kratzer, Jan, 2020. "Founder Personalities, Behaviors and New Venture Success in Sub-Saharan Africa," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    2. Younes Ben Zaied & Siagh Ahmed Ramzi, 2012. "Les déterminants du succès entrepreneurial ; Une étude empirique de la région de Sfax en Tunisie," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201235, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.

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    Keywords

    Financial Economics; Productivity Analysis;

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