Work-in-Progress

The Determinants of Upward Mobility in the Venture Capital Investment Ladder
This paper addresses two questions: what specific characteristics of investors and deals are more influential on the upward progression …
Andre Cazor, Edwin Goni, Alessandra Gonzales, Sergio Pelaez
How effective are business training programs for entrepreneurs of necessity-driven startups? An RCT of Fondoempleo's Entrepreneurship Program
This paper evaluates FONDOEMPLEO’s Line 3—an intensive entrepreneurship program for necessity-driven entrepreneurs in Peru—using …
Gabriela Aparicio, Maria Paula Gerardino, Edwin Goni, Sergio Pelaez, David Rosas, Hugo Tuesta
More Disclosure, Better Inventions? Commercial Potential in University Invention Disclosures
Encouraging researchers to disclose inventions to Technology Transfer Offices (TTOs) is central to universities’ research …
Sergio Pelaez, Jeongyoon Yang, John P. Walsh, Marco Ceccagnoli
The Fiscal Returns of Productive Development Programs
This paper provides evidence that Productive Development Programs (PDPs) generate considerable fiscal returns through increased tax …
Sergio Pelaez
The New R&D Frontier: How Industry is Reshaping Research
Industry has expanded its role as a performer of basic research in the United States, reshaping the incentives, infrastructure, and …
Sergio Pelaez, Kevin Widmaier, Robert Tijssen, Cassidy Sugimoto
What Sustains Productivity in Micro, Small and Medium-sized Enterprises (MSMEs)?
This paper exploits a rich longitudinal survey on firms’ characteristics and business practices to examine the comparability and …
Andre Cazor, Sebastian Calvo, Edwin Goni, Sergio Pelaez