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J·BJon BishopIndependent growth marketer

Platforms · Quasi-experimental study exploiting the staggered entry of Craigslist across metropolitan markets, using Business Dynamics Statistics and supplemental online survey evidence from entrepreneurs.

Digitizing Opportunity: Entrepreneurship in the Age of Platforms

Strategic Entrepreneurship Journal · 2025

Daehyun Kim, Yongwook Paik, Namil Kim

Summary

Craigslist entry increases local entrepreneurial activity, especially in low-income regions; lower-income, Black, and immigrant individuals are more likely to create ventures afterward. Post-entry firms are smaller and mainly B2C rather than B2B.

For your marketing

Possible founder application

Use it as a product, platform or behavior mechanism reference rather than a direct forecast for a SaaS funnel.

Reported result

What the study found

Craigslist entry increases local entrepreneurial activity, especially in low-income regions; lower-income, Black, and immigrant individuals are more likely to create ventures afterward. Post-entry firms are smaller and mainly B2C rather than B2B.

Research question

What the authors investigated

Do digital peer-to-peer marketplaces reduce market-access barriers and increase entrepreneurial activity, and which people, communities, and venture types benefit?

Design

Quasi-experimental study exploiting the staggered entry of Craigslist across metropolitan markets, using Business Dynamics Statistics and supplemental online survey evidence from entrepreneurs.

Sample and setting

U.S. metropolitan statistical areas and county-level income/community data; the primary outcome is new firms per 100,000 population per MSA-year. A supplemental survey initially covered 996 U.S. residents with current or past entrepreneurial experience.

Scope and transfer

Limitations to keep in view

The authors explicitly caution that findings may not generalize to other platforms or entrepreneurs simultaneously using multiple platforms, and that the study does not capture all newer digital technologies/platform forms.

Research sources

The publisher's Research Summary reports the staggered-Craigslist design and the increases in local activity and disadvantaged-group entry; the data section identifies Business Dynamics Statistics and MSA-year new-firm counts, while the limitations section warns against generalizing across platforms. Direct publisher-page retrieval was recorded on 2026-10-09; profile summarizes the accessible record and does not claim independent review of inaccessible full text.

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