Showing 1 - 10 of 11
Employing a large dataset regarding venture capital investments in US Internet firms, we analyze the effect of the current financial crisis on the venture capital market. Using regression analysis, we find that the financial crisis led to a 20% decrease in the average amount of funds raised per...
Persistent link: https://www.econbiz.de/10005836075
The dilemmas that may encounter entrepreneurship result of an expected conflict between VCs and entrepreneur …
Persistent link: https://www.econbiz.de/10011260079
Germany experienced a unique rise in the level of self-employment in the first two decades following unification. Applying the non-linear Blinder-Oaxaca decomposition technique, we find that the main factors driving these changes in the overall level of self-employment are demographic...
Persistent link: https://www.econbiz.de/10011164333
It is not clear, whether changes in self-employment are primarily driven by the necessity to take part in the labour market, or if those activities reflect new modes of labour market integration revealing new opportunities and markets, which are especially due in wide parts to the service and...
Persistent link: https://www.econbiz.de/10011112876
entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic …
Persistent link: https://www.econbiz.de/10009422061
employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university …
Persistent link: https://www.econbiz.de/10010961524
capital. In this paper we introduce a new factor, entrepreneurship capital, and link it to output in the context of a … production function model. This paper explains what is meant by entrepreneurship capital and why it should influence economic … output. A production function model including several different measures of entrepreneurship capital is then estimated for …
Persistent link: https://www.econbiz.de/10005765247
Using a data set of the firms listed on the Neuer Markt in Germany, this paper demonstrates that venture backed firms differ from firms with other financial resources, especially debt. Thus, the results of this study provide evidence for the hypothesis that small and innovative firms are more...
Persistent link: https://www.econbiz.de/10005765249
entrepreneurship and asks for its overlapping with categories of self-employment and of innovation. Although these terms cover only … partially the same meanings, political discourse often equals the slogan to foster entrepreneurship and innovation with an … firms without further employees. An equation of entrepreneurship with innovation activities and in-creasing self …
Persistent link: https://www.econbiz.de/10008559048
The venture capital (VC) industry supports innovation in an economy, and has seen much success over the last few years. However, with the inherent risk in any start-up business, the venture capitalist is bound to see some failures. This paper explores the effects of corporate and personal...
Persistent link: https://www.econbiz.de/10008562618