Success in Entrepreneurship: Doing the Math

From:
Department for International Development
Published
1 January 2013
Country:
Kenya
Document Type:
Working Paper
Theme:
Economic Growth
Authors:
Kremer, M., Robinson, J., Rostaphshova, O.

Abstract

This paper examines the association between entrepreneurial success and firm and owner characteristics, in the context of the small retail sector in Western Kenya. Earlier work finds very high rates of return to inventories. Inventories are positively associated with math skills. Since inventories and profits are positively correlated, math skills predict profits as well. Math skills are also robustly correlated with profits conditional on inventories.

Citation

Kremer, M.; Robinson, J.; Rostaphshova, O. Success in Entrepreneurship: Doing the Math. (2013) 35 pp.

Success in Entrepreneurship: Doing the Math

Published 1 January 2013
Contents