Entrepreneur’s Knowledge, Firm Survival, and the Normalized Burn Rate

Working Papers

We study the association of spending per employee with startup firm survival. Our theory model posits that entrepreneur’s knowledge defines the complex decision process of combining human and non-human inputs to increase firm value. Read More

The Added Value of Analytics and Impact of Exposure to Business Benchmarks

Funded Research Proposal

What is the impact of deploying an analytics solution on firm output? How is this impact generated by the firm? We use data from over 1,000 firms to estimate the causal impact of analytics and benchmarking on firm performance.Read More

How a Startup’s ‘Burn Rate’ Influences Its Success

A critical factor that determines whether a startup succeeds or fails is its level of spending, or burn rate. Research from professors Ron Berman and Pablo Hernandez-Lagos examines how an entrepreneur’s education and experience levels can predict a startup’s burn rate, and thus its odds of success.Read More