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The Long Persistence of Regional Entrepreneurship Culture: Germany 1925-2007

Fritsch, Michael; Wyrwich, Michael - 2012

-specific determinants of entrepreneurship also remain relatively constant over time. Another explanation could be the existence of a … regional entrepreneurship culture. Such an entrepreneurial culture could maybe even outwear considerable ‚jumps‘ in the … regional entrepreneurship in three different scenarios with different degrees of changes of the economic conditions. The basic …

Persistent link: https://www.econbiz.de/10011340654

"I Think I Can, I Think I Can": Overconfidence and Entrepreneurial Behavior

Köllinger, Philipp; Minniti, Maria; Schade, Christian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005

Many firms fail shortly after inception. Yet individuals continue starting businesses. Prewar economists such as Keynes invoked animal spirits and stressed psychological factors in their explanations of economic behavior. Using a large sample obtained from surveys conducted in 18 countries, we...

Persistent link: https://www.econbiz.de/10005068936

Entrepreneurial Overconfidence: Evidence from a C.A.R.T. Approach

Köllinger, Philipp; Minniti, Maria; Schade, Christian - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005

We use a sample of 18 countries to study what variables have a significant impact on an individual's decision to start a new business and classification and regression trees for an accurate interpretation of the data. Our results support existing literature suggesting the existence of strong...

Persistent link: https://www.econbiz.de/10005069086

The Long Persistence of Regional Entrepreneurship Culture: Germany 1925 - 2005

Fritsch, Michael; Wyrwich, Michael - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

and drastic changes in the politic-economic environment. We thus conclude that regional entrepreneurship cultures do exist …

Persistent link: https://www.econbiz.de/10010896194