Working papers

Esther Ann Bøler, Andreas Moxnes and Karen Helene Ulltveit-Moe

’Strapped for Cash: The Role of Financial Constraints for Innovating Firms’

CEPR Discussion paper no.18028 (2023)

Torje Hegna and Karen Helene Ulltveit-Moe 

’Reduced R&D Investments: A Flip Side of Immigration?’

Revised version, CEPR Discussion paper no. 16325 (2021)

Inga Heiland,  Andreas Moxnes, Karen Helene Ulltveit-Moe and Yuan Zi

’Trade from space: Shipping networks and the global implications of local shocks’

R&R The Review of of Economics and Statistics, Revised version, CEPR Discussion paper no. 14193 (2019)

WORK IN PROGRESS

Andreas Moxnes, Ragnhild C. Schreiner, Fernando Stipanicic and Karen Helene Ulltveit-Moe

Lifting barriers to firm entry: The role of entrepreneurs’ background for firm performance and growth

In this paper we make use of a reform that aim at reducing the barriers to entrepreneurship to study firm entry and who becomes an entrepreneur. The reform was implemented in Norway in 2011 and reduced the equity requirement related to setting up a firm. We show that in the aftermath of the reform the rate of firm entry rose substantially. Using rich administrative data for Norway, we further study the impact of the reform on who becomes an entrepreneur, and in particular the role of wealth and income. We moreover investigate the effects on firm dynamics, firm performance and firm growth. We highlight how reduced barriers to firm entry may matter for allocation of resources and aggregate growth.