Jorge Guzman

The State of American Entrepreneurship: New Estimates of the Quantity and Quality of Entrepreneurship for 32 US States, 1988–2014

American Economic Journal Economic Policy · 165 citations

Assessing the state of American entrepreneurship requires not simply counting the quantity but also the initial quality of new ventures. Combining comprehensive business registries and predictive analytics, we present estimates of entrepreneurial quantity and quality from 1988 to 2014. Rather than a secular pattern of declining business dynamism, our quality-adjusted measures follow a cyclical pattern sensitive to economic and capital market conditions. Consistent with the role of investment cyc…

The Startup Cartography Project: Measuring and mapping entrepreneurial ecosystems

Research Policy · 2021 · 67 citations

Measuring Founding Strategy

Management Science · 2022 · 63 citations

We introduce a novel approach to measure the founding strategic differentiation of startups and its relationship to follow-on performance. We use natural language processing and historical websites to estimate the similarity between the founding website of an individual startup, the historical website of public firms at the startup’s founding year, and the founding website of other startups founded in the same year. We propose that distance in the value proposition stated in these websites repre…

Accelerating Innovation Ecosystems: The Promise and Challenges of Regional Innovation Engines

Entrepreneurship and Innovation Policy and the Economy · 2024 · 25 citations

Motivated by the recent establishment of major US federal programs seeking to harness the potential of regional innovation ecosystems, we assess the promise and challenges of place-based innovation policy interventions. Relative to traditional research grants, place-based innovation policy interventions are not directed toward a specific research project but rather aim to reshape interactions among researchers and other stakeholders within a given geographic location. The most recent such policy…

Partisan Entrepreneurship

National Bureau of Economic Research · 2022-07-01 · 20 citations