Showing 41 - 50 of 527
Using unique City of Oakland data during COVID-19, we document that small business survival capabilities vary by firm size as a function of revenue resiliency, labor flexibility, and committed costs. Nonemployer businesses rely on low cost structures to survive 73% declines in own-store foot...
Persistent link: https://www.econbiz.de/10012826638
The Paycheck Protection Program (PPP) aimed to quickly deliver hundreds of billions of dollars of loans to small businesses, with the loans administered via private banks. In this paper, we use firm-level data to document the demand and supply of PPP funds. Using an instrumental variables...
Persistent link: https://www.econbiz.de/10012826642
We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to … understand the effects of the early stages of the COVID-19 pandemic on those businesses. The survey was fielded in late April … businesses that had stopped operating due to the pandemic. The survey asks 136 questions covering topics such as changes in …
Persistent link: https://www.econbiz.de/10012830234
Social distancing restrictions and demand shifts from COVID-19 are expected to shutter many small businesses, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the number of active small businesses in the United States using...
Persistent link: https://www.econbiz.de/10012831845
Analyzing a list of all Small Business Administration (SBA) loans in 1991 to 2009 linked with annual information on all U.S. employers from 1976 to 2012, we apply detailed matching and regression methods to estimate the variation in SBA loan effects on job creation and firm survival across firm...
Persistent link: https://www.econbiz.de/10013011462
The non-pecuniary benefits of managing a small business are a first order consideration for many nascent entrepreneurs, yet the preference for business ownership is mostly ignored in models of entrepreneurship and occupational choice. In this paper, we study a population with varying...
Persistent link: https://www.econbiz.de/10013013513
those reporting that they have innovated is about 4%. Survey data from the same firms support the idea that they do not …
Persistent link: https://www.econbiz.de/10013035536
This article presents the results of an analysis of the patent trading flows of small and large firms and the determinants of these firm's patent sale and acquisition decisions. We also examine whether these transactions lead to an excessive concentration of patent rights. We show that small...
Persistent link: https://www.econbiz.de/10013035692
In 2004, Canada changed the eligibility rules for its Scientific Research and Experimental Development (SRED) tax credit, which provides tax incentives for R&D conducted by small private firms. Difference in difference estimates show a seventeen percent increase in total R&D among eligible...
Persistent link: https://www.econbiz.de/10013044985
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10013046172