Research Programs: Special Projects

Economic Analysis of Entrepreneurship

Project Leader/Sub-Leader


MATSUDA Naoko (Fellow)



This project aims to reveal insight into the co-founders with whom entrepreneurs cooperate in their newly started ventures. Although various research on nascent entrepreneurs have been accumulated, those on persistently successful entrepreneurs have not yet been conducted. Specifically, social capital of entrepreneurs is thought to be one of the critical factors of successful entrepreneurship, however, it needs further empirical analysis.

Among the issues, we focus on the relationships of co-founders and entrepreneurs during the launch period. Research questions to be asked are as follows: Does choosing an ex-colleague as a co-founder accelerate the exit process or does it lead to earning extra profits? How about selecting a former venture capitalist or an experienced manager who had worked for a rival enterprise in the same sector?

In this research, with newly released data resources including CrunchBase, these topics will be eagerly examined.

July 1, 2013 - December 31, 2015

Major Research Results


RIETI Discussion Papers