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Eponymous entrepreneurs

Publication ,  Journal Article
Belenzon, S; Chatterji, AK; Daley, B
Published in: American Economic Review
June 1, 2017

We demonstrate that eponymy-firms being named after their owners-is linked to superior firm performance, but is relatively uncommon (about 19 percent of firms in our data). We propose an explanation based on eponymy creating an association between the entrepreneur and her firm that increases the reputational benefits/costs of successful/unsuccessful outcomes. We develop a corresponding signaling model, which further predicts that these effects will be stronger for entrepreneurs with rarer names. We find support for the model's predictions using a unique panel dataset consisting of over 1.8 million firms.

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Published In

American Economic Review

DOI

ISSN

0002-8282

Publication Date

June 1, 2017

Volume

107

Issue

6

Start / End Page

1638 / 1655

Related Subject Headings

  • Economics
  • 38 Economics
  • 35 Commerce, management, tourism and services
  • 15 Commerce, Management, Tourism and Services
  • 14 Economics
 

Citation

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Belenzon, S., Chatterji, A. K., & Daley, B. (2017). Eponymous entrepreneurs. American Economic Review, 107(6), 1638–1655. https://doi.org/10.1257/aer.20141524
Belenzon, S., A. K. Chatterji, and B. Daley. “Eponymous entrepreneurs.” American Economic Review 107, no. 6 (June 1, 2017): 1638–55. https://doi.org/10.1257/aer.20141524.
Belenzon S, Chatterji AK, Daley B. Eponymous entrepreneurs. American Economic Review. 2017 Jun 1;107(6):1638–55.
Belenzon, S., et al. “Eponymous entrepreneurs.” American Economic Review, vol. 107, no. 6, June 2017, pp. 1638–55. Scopus, doi:10.1257/aer.20141524.
Belenzon S, Chatterji AK, Daley B. Eponymous entrepreneurs. American Economic Review. 2017 Jun 1;107(6):1638–1655.

Published In

American Economic Review

DOI

ISSN

0002-8282

Publication Date

June 1, 2017

Volume

107

Issue

6

Start / End Page

1638 / 1655

Related Subject Headings

  • Economics
  • 38 Economics
  • 35 Commerce, management, tourism and services
  • 15 Commerce, Management, Tourism and Services
  • 14 Economics