NATIONAL BUREAU OF ECONOMIC RESEARCH

Entrepreneurship Working Group Meeting

Josh Lerner, Organizer

October 3, 2008

NBER

2nd Floor Conference Room

1050 Massachusetts Avenue

Cambridge, Massachusetts

PROGRAM

THURSDAY, OCTOBER 2:

6:00 pm Group Dinner

Dante at the Royal Sonesta Hotel

FRIDAY, OCTOBER 3:

8:15 am Shuttle Vans Depart from the Royal Sonesta Hotel for the NBER

8:30 am Continental Breakfast

Entrepreneurial labor markets

9:00 am LUIS CABRAL, New York University

ZHU WANG, Federal Reserve Bank of Kansas City

Spin-Outs: Theory and Evidence

MARK DOMS, Federal Reserve Bank of San Francisco

ETHAN LEWIS, Dartmouth College

ALICIA ROBB, UC, Santa Cruz

Local Labor Market Endowments, New Business Characteristics

and Performance

Discussant: BART HAMILTON, Washington University

10:20 am Break

Entrepreneurship and development

10:40 am LARRY CHAVIS, University of North Carolina at Chapel Hill

LEORA KLAPPER and INESSA LOVE, The World Bank

Entrepreneurial Finance around the World: The Impact of the Business Environment on Financing Constraints

JAMES RAUCH, UC, San Diego and NBER

Spinout Entrepreneurship, Crony Capitalism and Development

Discussant: CHRIS WOODRUFF, UC, San Diego

12:00 n Lunch

Academic entrepreneurship

1:00 pm JERRY THURSBY, Georgia Institute of Technology

MARIE THURSBY, Georgia Institute of Technology and NBER

Faculty Participation in Licensing: Implications for Research

Discussant: LEE FLEMING, Harvard University

1:50 pm Break

Venture capital/private equity

2:10 pm OLA BENGTSSON, Cornell University

BERK SENSOY, University of Southern California

Investor Abilities and Financial Contracting:

Evidence from Venture Capital

YAEL HOCHBERG, Northwestern University

ALEXANDER LJUNGQVIST, New York University

ANNETTE VISSING-JORGENSON, Northwestern University and NBER

Informational Hold-Up and Performance Persistence in Private Equity

Discussant MORTEN SORENSEN, Columbia University and NBER

3:30 pm Adjourn

9/22/08