Details about Thomas Astebro

E-mail:
Homepage:	http://www.hec.edu/Faculty-Research/Faculty-Directory/ASTEBRO-Thomas
Workplace:	HEC Paris (École des Hautes Études Commerciales) (HEC Business School), (more information at EDIRC) Institutet för Näringslivsforskning (IFN) (Research Institute of Industrial Economics), (more information at EDIRC)

Access statistics for papers by Thomas Astebro.

Last updated 2025-05-15. Update your information in the RePEc Author Service.

Short-id: pas216

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Working Papers

2024

1. Allocation of IP Control Rights and Effective Technology Commercialization at Universities
   HEC Research Papers Series, HEC Paris
   Also in Working Papers, HAL (2024)
2. Diversity in Founder Teams
   Working Papers, HAL
   Also in HEC Research Papers Series, HEC Paris (2024)
3. Entrepreneurs: Clueless, Biased, Poor Heuristics, or Bayesian Machines?
   IZA Discussion Papers, Institute of Labor Economics (IZA)
   Also in HEC Research Papers Series, HEC Paris (2024)
   Working Papers, HAL (2024)
4. Two-Sided Platform Governance: Are Founders Manipulating the Crowd in Crowdfunding?
   Working Papers, HAL
   Also in HEC Research Papers Series, HEC Paris (2024)

2023

5. Death and Turmoil in R&D Teams
   CEPR Discussion Papers, C.E.P.R. Discussion Papers

2020

6. Declining Business Dynamism Among Our Best Opportunities: The Role of the Burden of Knowledge
   HEC Research Papers Series, HEC Paris
   Also in ISER Discussion Paper, Institute of Social and Economic Research, The University of Osaka (2020)
   Working Papers, HAL (2020) View citations (4)
   NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (4)
7. Herding in Equity Crowdfunding
   Working papers, Red Investigadores de Economía
   Also in HEC Research Papers Series, HEC Paris (2018) View citations (4)
8. The Impact of Overconfidence and Ambiguity Attitude on Market Entry
   Working Papers, HAL View citations (4)
   Also in HEC Research Papers Series, HEC Paris (2019)

2018

9. On-line Appendix for 'Academic Entrepreneurship: Bayh-Dole versus the Professor’s Privilege'
   HEC Research Papers Series, HEC Paris
   Also in Working Papers, HAL (2018)

2017

10. Gross, Net, and New Job Creation by Entrepreneurs
    HEC Research Papers Series, HEC Paris View citations (11)
    Also in Working Papers, HAL (2017) View citations (2)
    See also Journal Article Gross, net, and new job creation by entrepreneurs, Journal of Business Venturing Insights, Elsevier (2017) View citations (5) (2017)

2016

11. Academic Entrepreneurship: Bayh-Dole versus the 'Professor's Privilege'
    HEC Research Papers Series, HEC Paris View citations (2)
    Also in Working Papers, HAL (2015)
12. Appendix: Invention Quality and Entrepreneurial Earnings: The Role of Prior Employment Variety
    Working Papers, HAL View citations (11)
    Also in HEC Research Papers Series, HEC Paris (2015)
13. Hierarchies and Entrepreneurship
    Working Paper Series, Research Institute of Industrial Economics View citations (15)
    See also Journal Article Hierarchies and entrepreneurship, European Economic Review, Elsevier (2016) View citations (14) (2016)
14. Invention Quality and Entrepreneurial Earnings: The Role of Prior Employment Variety
    Working Papers, HAL View citations (9)
    Also in HEC Research Papers Series, HEC Paris (2015)
    See also Journal Article Invention Quality and Entrepreneurial Earnings: The Role of Prior Employment Variety, Entrepreneurship Theory and Practice (2016) View citations (15) (2016)
15. Public Policy to Promote Entrepreneurship: A Call to Arms
    HEC Research Papers Series, HEC Paris View citations (178)
    Also in Working Papers, HAL (2016) View citations (145)
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2016) View citations (161)
    See also Journal Article Public policy to promote entrepreneurship: a call to arms, Small Business Economics, Springer (2016) View citations (171) (2016)
16. The Effects of a Training Program to Encourage Social Entrepreneurship
    HEC Research Papers Series, HEC Paris View citations (7)
    Also in Working Papers, HAL (2016) View citations (6)

2015

17. Classification Models Via Tabu Search: An Application to Early Stage Venture Classification
    Working Papers, HAL View citations (1)
    Also in Post-Print, HAL (2014) View citations (1)
    HEC Research Papers Series, HEC Paris (2015) View citations (1)
18. Jobs Incorporated: Incorporation Status and Job Creation
    Working Paper Series, Research Institute of Industrial Economics View citations (5)
19. Seeking the Roots of Entrepreneurship: Insights from Behavioral Economics
    HEC Research Papers Series, HEC Paris
    Also in Working Papers, HAL (2015)
    Working Papers, HAL (2015)
    Post-Print, HAL (2014) View citations (101)
    See also Journal Article Seeking the Roots of Entrepreneurship: Insights from Behavioral Economics, Journal of Economic Perspectives, American Economic Association (2014) View citations (137) (2014)

2014

20. Detecting Heterogeneous Risk Attitudes with Mixed Gambles
    HEC Research Papers Series, HEC Paris View citations (2)
    See also Journal Article Detecting heterogeneous risk attitudes with mixed gambles, Theory and Decision, Springer (2015) View citations (10) (2015)
21. The entrepreneurial earnings puzzle: Mismeasurement or real?
    Post-Print, HAL View citations (94)
    See also Journal Article The entrepreneurial earnings puzzle: Mismeasurement or real?, Journal of Business Venturing, Elsevier (2014) View citations (96) (2014)

2013

22. Does academic entrepreneurship pay?
    Post-Print, HAL View citations (13)
    Also in Working Papers, Swedish Entrepreneurship Forum (2012) View citations (1)
    HEC Research Papers Series, HEC Paris (2012) View citations (1)
    Working Paper Series in Economics and Institutions of Innovation, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies (2012) View citations (1)
    See also Journal Article Does academic entrepreneurship pay?, Industrial and Corporate Change, Oxford University Press and the Associazione ICC (2013) View citations (20) (2013)
23. The Economic Returns to Entrepreneurship – Implications for Stimulating Entrepreneurship
    Working Papers, HAL
    Also in HEC Research Papers Series, HEC Paris (2013)

2012

24. Business Partnerships and the Commercialization of Inventions
    Post-Print, HAL
    Also in Post-Print, HAL (2010)
    Post-Print, HAL (2011)
25. More than a Dummy: The Probability of Failure, Survival and Acquisition of Private Firms in Financial Distress
    Post-Print, HAL View citations (13)
26. More than a dummy: The probability of failure, survival and acquisition of firms in financial distress
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (23)
27. Risk Taking in Mixed Gambles
    Working Papers, HAL
28. Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy
    Post-Print, HAL View citations (110)
    See also Journal Article Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy, Research Policy, Elsevier (2012) View citations (107) (2012)
29. The Returns to Entrepreneurship
    Post-Print, HAL View citations (4)

2011

30. Business Partners, Financing, and the Commercialization of Inventions
    NBER Working Papers, National Bureau of Economic Research, Inc
31. Entrepreneurs, Jacks of all trades or Hobos?
    Post-Print, HAL View citations (107)
    See also Journal Article Entrepreneurs, Jacks of all trades or Hobos?, Research Policy, Elsevier (2011) View citations (120) (2011)
32. Stars and Misfits: Self-Employment and Labor Market Frictions
    Post-Print, HAL View citations (89)
    Also in Working Papers, Florida International University, Department of Economics (2010) View citations (23)
    See also Journal Article Stars and Misfits: Self-Employment and Labor Market Frictions, Management Science, INFORMS (2011) View citations (95) (2011)
33. Universities, Entrepreneurship and Local Economic Development
    ERSA conference papers, European Regional Science Association View citations (26)
34. Universities, Entrepreneurship and Regional Local Development
    Post-Print, HAL View citations (25)

2010

35. Bound and Collapse Bayesian Reject Inference for Credit Scoring
    Working Papers, HAL
    See also Journal Article Bound and collapse Bayesian reject inference for credit scoring, Journal of the Operational Research Society, Palgrave Macmillan (2012) View citations (7) (2012)
36. Entrepreneurs Seeking Gains: Profit Motives and Risk Aversion in Inventors' Commercialization Decisions
    Post-Print, HAL View citations (7)
    See also Journal Article Entrepreneurs Seeking Gains: Profit Motives and Risk Aversion in Inventors’ Commercialization Decisions, Journal of Economics & Management Strategy, Wiley Blackwell (2010) View citations (8) (2010)
37. Preferences for Skew
    Post-Print, HAL View citations (2)
    Also in Post-Print, HAL (2009) View citations (1)
    Post-Print, HAL (2009) View citations (1)
    Working Papers, HAL (2009) View citations (15)
    Post-Print, HAL (2009) View citations (1)
38. Stars and Misfits: A Theory of Occupational Choice
    Working Papers, HAL View citations (2)
    Also in Post-Print, HAL (2008) View citations (3)
39. Startups by Recent University Graduates versus their Faculty - Implications for University Entrepreneurship Policy
    Working Papers, HAL
40. Student startups and local economic development
    Post-Print, HAL View citations (3)
    Also in Post-Print, HAL (2010) View citations (3)
    Post-Print, HAL (2010) View citations (3)
41. Teamwork and the Commercialization of Ideas
    Post-Print, HAL
    Also in Post-Print, HAL (2009)
    Working Papers, HAL (2009)
    Post-Print, HAL (2009)
    Post-Print, HAL (2010)
42. Teamwork and the commercialization of inventions
    Post-Print, HAL

2009

43. Entrepreneurial Perseverance - The Role of Personality and Cognition in Determining Commercialization Efforts and Commercialization Success
    Working Papers, HAL
44. Entrepreneurs Seeking Gains: Rational Motives in the Commercialization Decisions of Inventors
    Post-Print, HAL
45. Preference for Skew in Lotteries: Evidence from the Laboratory
    MPRA Paper, University Library of Munich, Germany View citations (14)
    Also in Cahiers de Recherches Economiques du Département d'économie, Université de Lausanne, Faculté des HEC, Département d’économie (2009) View citations (14)
46. Preference for skew in lotteries, gambling and entrepreneurship
    Post-Print, HAL View citations (1)
47. The Diffusion of Complementary Technologies: An Empirical Test
    Working Papers, HAL View citations (2)

2008

48. Entrepreneurship, Teamwork and the Commercialization of Ideas
    Post-Print, HAL
    Also in Post-Print, HAL (2008)
    2008 Meeting Papers, Society for Economic Dynamics (2008)
    Post-Print, HAL (2008)

2007

49. Calibration Accuracy of a Judgmental Process that Predicts the Commercial Success of New Product Ideas
    Post-Print, HAL View citations (6)
50. Inventor Perseverance after Being Told to Quit: The Role of Cognitive Biases
    Post-Print, HAL View citations (45)

2006

51. The effectiveness of simple decision heuristics: Forecasting commercial success for early-stage ventures
    Post-Print, HAL View citations (35)
    See also Journal Article The Effectiveness of Simple Decision Heuristics: Forecasting Commercial Success for Early-Stage Ventures, Management Science, INFORMS (2006) View citations (38) (2006)

2005

52. Maximum Likelihood Approach to Reject Inference
    Post-Print, HAL
53. Opportunity knocks
    Post-Print, HAL View citations (3)
    See also Journal Article Opportunity knocks, Research Policy, Elsevier (2005) View citations (7) (2005)
54. Predictors of the Survival of Innovations
    Post-Print, HAL View citations (33)
55. The Winner's Curse of Human Capital
    Post-Print, HAL View citations (37)
    Also in Working Papers, U.S. Census Bureau, Center for Economic Studies (1999) View citations (25)

2004

56. Key Success Factors for Technological Entrepreneurs' R&D Projects
    Post-Print, HAL View citations (13)
57. Sunk Costs and the Depth and Probability of Technology Adoption
    Post-Print, HAL View citations (24)
    See also Journal Article Sunk Costs and the Depth and Probability of Technology Adoption, Journal of Industrial Economics, Wiley Blackwell (2004) View citations (29) (2004)

2003

58. Assessing the Commercial Viability of New Ventures
    Post-Print, HAL
59. How to Deal with Missing Categorical Data: Test of a Simple Bayesian Method
    Post-Print, HAL View citations (9)
60. Key Success Factors for the Commercialization of Early-Stage R&D Projects
    Post-Print, HAL
61. Mathematical Approaches to Credit Risk Management
    Post-Print, HAL
62. Start-up financing, owner characteristics, and survival
    Post-Print, HAL View citations (79)
    See also Journal Article Start-up financing, owner characteristics, and survival, Journal of Economics and Business, Elsevier (2003) View citations (75) (2003)
63. The Return to Independent Invention: Evidence of Risk Seeking, Extreme Optimism or Skewness-Loving
    Post-Print, HAL View citations (42)

2002

64. Assessing Start-up Business Risk
    Post-Print, HAL
    Also in Post-Print, HAL (2001)
65. Assessing the Commercial Viability of Seed- and Early-Stage Ventures
    Post-Print, HAL View citations (1)
66. Economic Analysis of R&D Projects: Real Option versus NPV Valuation Revisited
    Post-Print, HAL
67. Noncapital Investment Costs and the Adoption of CAD and CNC in U.S. Metalworking Industries
    Post-Print, HAL View citations (14)
    See also Journal Article Noncapital Investment Costs and the Adoption of CAD and CNC in U.S. Metalworking Industries, RAND Journal of Economics, The RAND Corporation (2002) View citations (8) (2002)

2001

68. Business Failure Prediction: Application of Fuzzy Variable Coding
    Post-Print, HAL
69. Profitable Advice: The Value of Information Provided by Canada's Inventor's Assistance Program
    Post-Print, HAL View citations (3)
    Also in Post-Print, HAL (1999)
    See also Journal Article Profitable Advice: the Value of Information Provided by Canada's Inventor's Assistance Program, Economics of Innovation and New Technology, Taylor & Francis Journals (2001) View citations (5) (2001)
70. The Economic Value of Reject Inference in Credit Scoring
    Post-Print, HAL View citations (5)

2000

71. Calculating the Expectation and Variance of the Present Value for a Random Profit Stream of Uncertain Duration
    Post-Print, HAL View citations (2)

1999

72. Bank Loans as Predictors of Small Business Start-Up Survival
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (3)
73. Self-Selection and Bank Loans: Screening of Entrepreneurial Ventures
    Post-Print, HAL
74. The Impact of Owner/Enterpreneurs Knowledge and Human Capital on the Survival of New Small Firms
    Post-Print, HAL
75. The Social Rate of Return to Canada's Inventor's Assistance Program
    Post-Print, HAL View citations (3)
76. The Statistical Accuracy of a Process to Evaluate, Ex Ante, the Ex Post Commercial Success of Inventions
    Post-Print, HAL

1998

77. Basic statistics on the success rate and profits for independent inventors
    Post-Print, HAL View citations (3)
    See also Journal Article Basic Statistics on the Success Rate and Profits for Independent Inventors, Entrepreneurship Theory and Practice (1998) View citations (6) (1998)

1995

78. The Effect of Management and Social Interaction on the Intra-Firm Diffusion of Electronic Mail Systems
    Post-Print, HAL View citations (3)

1992

79. Computer Aided Design
    Post-Print, HAL View citations (2)
80. The International Diffusion of Computer Aided Design
    Post-Print, HAL

Journal Articles

2024

1. Remembering David J Storey, a pioneer of the entrepreneurship field
   Small Business Economics, 2024, 62, (1), 1-21

2023

2. System-, teacher-, and student-level interventions for improving participation in online learning at scale in high schools
   Proceedings of the National Academy of Sciences, 2023, 120, (30), e2216686120 View citations (1)

2019

3. Academic Entrepreneurship: The Bayh-Dole Act versus the Professor’s Privilege
   ILR Review, 2019, 72, (5), 1094-1122 View citations (4)

2017

4. Gross, net, and new job creation by entrepreneurs
   Journal of Business Venturing Insights, 2017, 8, (C), 64-70 View citations (5)
   See also Working Paper Gross, Net, and New Job Creation by Entrepreneurs, HEC Research Papers Series (2017) View citations (11) (2017)
5. The private financial gains to entrepreneurship: Is it a good use of public money to encourage individuals to become entrepreneurs?
   Small Business Economics, 2017, 48, (2), 323-329 View citations (13)

2016

6. Decision biases and entrepreneurial finance
   Small Business Economics, 2016, 47, (4), 819-834 View citations (13)
7. Equity crowdfunding: A new phenomena
   Journal of Business Venturing Insights, 2016, 5, (C), 37-49 View citations (116)
8. Hierarchies and entrepreneurship
   European Economic Review, 2016, 89, (C), 129-147 View citations (14)
   See also Working Paper Hierarchies and Entrepreneurship, Working Paper Series (2016) View citations (15) (2016)
9. Invention Quality and Entrepreneurial Earnings: The Role of Prior Employment Variety
   Entrepreneurship Theory and Practice, 2016, 40, (2), 381-400 View citations (15)
   See also Working Paper Invention Quality and Entrepreneurial Earnings: The Role of Prior Employment Variety, Working Papers (2016) View citations (9) (2016)
10. Public policy to promote entrepreneurship: a call to arms
    Small Business Economics, 2016, 47, (1), 35-51 View citations (171)
    See also Working Paper Public Policy to Promote Entrepreneurship: A Call to Arms, HEC Research Papers Series (2016) View citations (178) (2016)

2015

11. Business Partners: Complementary Assets, Financing, and Invention Commercialization
    Journal of Economics & Management Strategy, 2015, 24, (2), 228-252 View citations (20)
12. Detecting heterogeneous risk attitudes with mixed gambles
    Theory and Decision, 2015, 79, (4), 573-600 View citations (10)
    See also Working Paper Detecting Heterogeneous Risk Attitudes with Mixed Gambles, HEC Research Papers Series (2014) View citations (2) (2014)
13. Skewness seeking: risk loving, optimism or overweighting of small probabilities?
    Theory and Decision, 2015, 78, (2), 189-208 View citations (36)

2014

14. Seeking the Roots of Entrepreneurship: Insights from Behavioral Economics
    Journal of Economic Perspectives, 2014, 28, (3), 49-70 View citations (137)
    See also Working Paper Seeking the Roots of Entrepreneurship: Insights from Behavioral Economics, HEC Research Papers Series (2015) (2015)
15. The entrepreneurial earnings puzzle: Mismeasurement or real?
    Journal of Business Venturing, 2014, 29, (1), 88-105 View citations (96)
    See also Working Paper The entrepreneurial earnings puzzle: Mismeasurement or real?, Post-Print (2014) View citations (94) (2014)

2013

16. Does academic entrepreneurship pay?
    Industrial and Corporate Change, 2013, 22, (1), 281-311 View citations (20)
    See also Working Paper Does academic entrepreneurship pay?, Post-Print (2013) View citations (13) (2013)

2012

17. Bound and collapse Bayesian reject inference for credit scoring
    Journal of the Operational Research Society, 2012, 63, (10), 1374-1387 View citations (7)
    See also Working Paper Bound and Collapse Bayesian Reject Inference for Credit Scoring, Working Papers (2010) (2010)
18. Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy
    Research Policy, 2012, 41, (4), 663-677 View citations (107)
    See also Working Paper Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy, Post-Print (2012) View citations (110) (2012)

2011

19. Entrepreneurs, Jacks of all trades or Hobos?
    Research Policy, 2011, 40, (5), 637-649 View citations (120)
    See also Working Paper Entrepreneurs, Jacks of all trades or Hobos?, Post-Print (2011) View citations (107) (2011)
20. Stars and Misfits: Self-Employment and Labor Market Frictions
    Management Science, 2011, 57, (11), 1999-2017 View citations (95)
    See also Working Paper Stars and Misfits: Self-Employment and Labor Market Frictions, Post-Print (2011) View citations (89) (2011)

2010

21. Entrepreneurs Seeking Gains: Profit Motives and Risk Aversion in Inventors’ Commercialization Decisions
    Journal of Economics & Management Strategy, 2010, 19, (4), 863-888 View citations (8)
    See also Working Paper Entrepreneurs Seeking Gains: Profit Motives and Risk Aversion in Inventors' Commercialization Decisions, Post-Print (2010) View citations (7) (2010)

2006

22. The Effectiveness of Simple Decision Heuristics: Forecasting Commercial Success for Early-Stage Ventures
    Management Science, 2006, 52, (3), 395-409 View citations (38)
    See also Working Paper The effectiveness of simple decision heuristics: Forecasting commercial success for early-stage ventures, Post-Print (2006) View citations (35) (2006)

2005

23. Opportunity knocks
    Research Policy, 2005, 34, (9), 1404-1418 View citations (7)
    See also Working Paper Opportunity knocks, Post-Print (2005) View citations (3) (2005)

2004

24. Sunk Costs and the Depth and Probability of Technology Adoption
    Journal of Industrial Economics, 2004, 52, (3), 381-399 View citations (29)
    See also Working Paper Sunk Costs and the Depth and Probability of Technology Adoption, Post-Print (2004) View citations (24) (2004)

2003

25. Start-up financing, owner characteristics, and survival
    Journal of Economics and Business, 2003, 55, (4), 303-319 View citations (75)
    See also Working Paper Start-up financing, owner characteristics, and survival, Post-Print (2003) View citations (79) (2003)
26. The Return to Independent Invention: Evidence of Unrealistic Optimism, Risk Seeking or Skewness Loving?
    Economic Journal, 2003, 113, (484), 226-239 View citations (45)

2002

27. Noncapital Investment Costs and the Adoption of CAD and CNC in U.S. Metalworking Industries
    RAND Journal of Economics, 2002, 33, (4), 672-688 View citations (8)
    See also Working Paper Noncapital Investment Costs and the Adoption of CAD and CNC in U.S. Metalworking Industries, Post-Print (2002) View citations (14) (2002)

2001

28. Profitable Advice: the Value of Information Provided by Canada's Inventor's Assistance Program
    Economics of Innovation and New Technology, 2001, 10, (1), 45-72 View citations (5)
    See also Working Paper Profitable Advice: The Value of Information Provided by Canada's Inventor's Assistance Program, Post-Print (2001) View citations (3) (2001)

1998

29. Basic Statistics on the Success Rate and Profits for Independent Inventors
    Entrepreneurship Theory and Practice, 1998, 23, (2), 41-48 View citations (6)
    See also Working Paper Basic statistics on the success rate and profits for independent inventors, Post-Print (1998) View citations (3) (1998)