2025/01/09 by Omer Bayar, Christopher Boudreaux, Todd Richard Yarbrough · 1 voice
Agricultural and Biological Sciences · Economics, Econometrics and Finance · Business, Management and Accounting · #Agricultural risk and resilience #COVID-19 Pandemic Impacts #Entrepreneurship Studies and Influences
paper · pdf · doi:10.1111/coep.12686
openalex publication_date 2025/01/09 · openalex created_date 2025/10/10 · openalex updated_date 2026/06/01
Abstract We examine how disaster events influence small business activity in a sample of 48 U.S. states for the period from 1998 to 2018. Our results show that disaster impacts vary by entrepreneurship type; the rate of new entrepreneurs and start‐up job creation rise in the aftermath of natural disasters, whereas the opportunity share of new entrepreneurs and start‐up survival fall. These findings present a more nuanced understanding of the relationship between natural disasters and entrepreneurial activity than reported in the relevant literature. We interpret our findings in the context of economic dynamism and discuss policy implications.