The effects of the COVID-19 pandemic on U.S. entrepreneurship

Oudom Hean () and Nattanicha Chairassamee
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Oudom Hean: North Dakota State University

Letters in Spatial and Resource Sciences, 2023, vol. 16, issue 1, No 1, 22 pages

Abstract: Abstract We study the effects of the COVID-19 pandemic on U.S. entrepreneurial activities, as measured by the overall number of new business applications, high-propensity business applications, business applications from corporations, and business applications with paid wages. However, the number of business applications increased significantly after the lockdown. Also, the portion of high-propensity business applications as a share of total business applications declined considerably during and after the lockdown. Our findings could partially explain the tight labor market in the U.S. during the pandemic.

Keywords: Business applications; Entrepreneurship; Lockdown; COVID-19 (search for similar items in EconPapers)
JEL-codes: M13 O18 R12 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s12076-023-00327-x

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