Economics, history, organizational theory, psychology, public policy, social psychology,
sociology, and strategy have all had something to say about business creation. Though the …

Globally, hundreds of millions enter the firm creation process every year. About a third will
actually develop a profitable new firm. Understanding how these successful efforts reach …

. This research effort has and will continue to provide two major contributions. The first is a
significant resource for advancing scholarly understanding of the firm creation process, as …

The creation of new firms is a tremendously important phenomenon. Each year hundreds of
millions of people are engaged in business start-up efforts (Reynolds et al., 2005). A careful …

7. Concluding Remarks While we knew next to nothing about nascent entrepreneurs ten
years ago, thanks to the joint effort of a group of researchers, most of whom are affiliated with …

The date of entry into firm creation, eighteen start-up activities, and occurrence of major
outcomes—initial profits or disengagement--have been harmonized for five PSED cohorts …

PSED II began in 2005 with the selection of a cohort of 1,214 nascent entrepreneurs chosen
from a representative sample of 31,845 adults. The first 12 month follow-up interviews were …

Entrepreneurial activity provides profound positive benefits across an important set of
measures of social and economic well-being, much of it concentrated in new economic …

Understanding the origins of new businesses—the firm creation process—has been
dramatically affected by the development of longitudinal studies of business start-ups. A …

Abstract The first US Panel Study of Entrepreneurial Dynamics [PSED I] is the most
comprehensive assessment of the firm creation process yet completed. Based on a …