资源描述：
《Social Interactions and社会互动与 创业活动》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、SocialInteractionsandEntrepreneurialActivityMARIASSUNTAGIANNETTIStockholmSchoolofEconomics,CEPR,andECGIP.O.Box650111383Stockholm,Swedenmariassunta.giannetti@hhs.seANDREISIMONOVEliBroadGraduateSchoolofManagementMichiganStateUniversityandCEPR315EppleyCenterEastLan
2、sing,MI48824simonov@bus.msu.eduWeshowthatindividualsresidinginhighlyentrepreneurialneighborhoodsaremorelikelytobecomeentrepreneursandinvestmoreintotheirownbusinesses,eventhoughtheirentrepreneurialprofitsarelowerandtheiralternativejobopportunitiesmoreattractive.Ou
3、rresultssuggestthatpeereffectscreatenonpecuniarybenefitsfromentrepreneurialactivityandplayanimportantroleinthedecisiontobecomeanentrepreneur.Alternativeexplanations,suchasentrycosts,sociallearning,andinformalcreditmarkets,arenotsupportedbythedata.Previousversions
4、ofthispaperwerecirculatingunderthetitleDoesPrestigeMatterMorethenProfits?Wearegratefultotwoanonymousreferees,acoeditor,HowardAldrich,WendiCarlin,LuigiGuiso,AugustinLandier,PaulOyer,MitchellPetersen,ElainaRose,PatrikSafvenblad,RobertShiller,andseminarparticipantsa
5、ttheAmericanEconomicAssociationMeetings,theConferenceonEconomicsandPsychologyinToulouse,theEVIConferenceattheSternSchoolofBusinessatNewYorkUniversity,theKelloggGraduateSchoolofBusinessatNorthwesternUniversity,theNorthAmericanWinterMeetingsoftheEconometricSociety
6、,theCEPRWorkshoponUnderstandingProductivityDiffer-encesinAlghero,theInstituteofInternationalEconomicStudies(IIES),theUniversityofUppsala,theResearchInstituteonIndustrialEconomics(IUI),theStockholmSchoolofEconomics,theCenterforEconomicandBusinessResearch(CEBR),th
7、eEuropeanMeetingoftheEconometricSocietyinStockholm,theUniversityCollegeofDublin,andtheESFConferenceonTransitionandDevelopmentinStockholmforcomments.WearealsogratefultoJonasVlachosforprovidingsomeofthemunicipalitydata.Anyerrorsandomissionsareentirelyourown.Theaut
8、horsgratefullyacknowledgefinancialsupportfromtheJanWallanderandTomHedeliusFoundation(GiannettiandSimonov),theEuropeanCommission(grantCIT5-CT-2006-028942),andtheSwedish
