Very excited to see our paper "Like Stars: How Firms Learn at Scientific Conferences" out in print in Management Science! (with Stefano Baruffaldi - yet to join over here)

pubsonline.informs.org/doi/abs/10.1...

📝The findings have major implications for entrepreneurs, managers, and policymakers. Striking a balance between the presence of large firms with complementary policies to promote startup hiring may be important to nurture a vibrant entrepreneurial economy.

Q: Do Big Firms foster or hurt local startups? A: BOTH. Big firms benefit startups in local regions, but big firms crowd out startups in the labor market, raising personnel costs & slowing growth.

New working paper: Competing for Talent: Large Firms and Startup Growth 🧵
w/ James Bessen, Ronja Röttger
ssrn.com/abstract=467...