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Paul Reynolds


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    Personal profile


    After twenty years as a sociology faculty member in three universities, I chose to focus on business creation and over the past 23 years have been affiliated with five business schools. During that period I have served as the coordinating principal investigator of two longitudinal studies of US business creation (Panel Studies of Entrepreneurial Dynamics, I and II) and as the founding principal investigator of a multi-nation comparison of entrepreneurial activity (Global Entrepreneurship Monitor).

    Over the past four decades I have been the author or co-author of five books; seven edited collections; 42 research reports and monographs; 85 peer review journal articles and book chapters; eight data sets placed in public archives; and over two hundred presentations to professional and policy audiences. I served  as the director of the Babson Research Conference from 1996 to 2000 and as co-director of the George Washington University-ICSB research conference from 2010 to 2012.

    In 2004 I received the annual Swedish International Award for Entrepreneurship and Small Business Research and in 2012 the Dedication to Entrepreneurship (Research) Award from the Academy of Management Entrepreneurship Division.

    I am currently working on analysis of the consolidated GEM data set to explore business creation by the bottom billions and expanding the PSED research protocol to the UK and other GEM countries.

    Research Interests

    •  All aspects of data collection and analysis of the business creation process.

    • Attention to major factors affecting cross-national variation in the  level of business creation.

    • Exploration of policy implications of emerging knowledge of the business creation process.

    Teaching Activity

    Taught formal organizations, small groups, social psychology, theory construction, business creation, and research methods at all levels; supervised numerous doctoral students and served on a wide range of doctoral committees.


    • BS, Engineering, University of Kansas, 1960

    • MBA, Stanford University, 1964

    • MA, Psychology, Stanford University, 1966

    • PhD, Sociology, Stanford University, 1969


    • 1968-1970, Assistant Professor of Sociology, U California, Riverside

    • 1970-1990, Assistant to Full Professor of Sociology, University of Minnesota

    • 1990-1995, Coleman Professor of Entrepreneurship, Marquette University

    • 1995-2000, Paul T. Babson Professor of Entrepreneurship, Babson College

    • 2000-2004, Professor of Entrepreneurship, Babson College and London Business School

    • 2004-2008, Professor of Entrepreneurship, Florida International University

    • 2011-2013, Research Professor of Management, George Washington University

    PhD Supervision

    • No current responsibilities.

    • Available as an informal advisor, current appointment does not allow formal responsibility for doctoral students.

    Membership of Professional Bodies

    • American Sociological Association

    • Academy of Management

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    • 2 Similar Profiles
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    Network Recent external collaboration on country level. Dive into details by clicking on the dots.

    Research Output 2016 2016

    Does start-up financing influence start-up speed? Evidence from the panel study of entrepreneurial dynamics

    Hechavarría, D. M., Matthews, C. H. & Reynolds, P. D., 1 Jan 2016, In : Small Business Economics. 46, 1, p. 137-167 31 p.

    Research output: Contribution to journalArticle

    Panel Study of Entrepreneurial Dynamics
    New firms

    Foreign direct investment via M&A and domestic entrepreneurship: blessing or curse?

    Danakol, S. H., Estrin, S., Reynolds, P. & Weitzel, U., 30 Aug 2016, In : Small Business Economics. 48, 3, p. 599–612 14 p.

    Research output: Contribution to journalArticle

    Open Access
    Foreign direct investment