The authors thank colleagues and conference discussants for extremely helpful comments, including, among others, Kevin Bryan, Diane Burton, Waverly Ding, Gary Dushnitsky, Dietmar Harhoff, David Hsu, Danny Kim, Aija Leiponen, Raviv Murciano-Goroff, Abhishek Nagaraj, Paige Ouimet, Yuan Shi, Evan Starr, Scott Stern, and Natalia Zinovyeva. The authors also thank seminar participants at Boston University, Copenhagen Business School, Duke University, European School of Management and Technology Berlin, London Business School, National Bureau of Economic Research Entrepreneurship Working Group, New York University, Politecnico di Milano, Stanford University, Stockholm School of Economics, Syracuse University, Tilburg University, University of California San Diego, University of Illinois Urbana-Champaign, University of Maryland, University of Minnesota, University of Pennsylvania, University of Toronto, University of Utah, and University of Zurich for their helpful feedback. The authors greatly appreciate the constructive and insightful comments and suggestions from the anonymous associate editor and three referees. Finally, the authors thank the survey respondents who made this study possible through their continued participation for almost a decade.
