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Being a "jack-of-all-trades" increases the probability of running an entrepreneurial venture successfully; but what happens to "jack-of-few-trades" who lack sufficient skills? This paper investigates a possible compensation mechanism between balanced skills and cities, and how this compensatory...
Persistent link: https://www.econbiz.de/10010884449
We investigate the role of industry and region-specific conditions for the survival of new businesses in innovative and in other manufacturing industries. The data comprises all German manufacturing start-ups of the 1992 to 2005 period. In contrast to studies for some other countries, we find...
Persistent link: https://www.econbiz.de/10010884451
determine start-up activity. Not much is known about what drives entrepreneurship in unstable environments characterized by … talent into productive entrepreneurship is higher in areas abundantly endowed with individuals who have a relatively high … that pre- dates socialism. How institutional context affects entrepreneurship over the course of transition is reflected by …
Persistent link: https://www.econbiz.de/10010884453
We use the historical self-employment rate as an indicator of a regional culture of entrepreneurship and link this … measure to economic growth in recent periods. The results indicate that German regions with a high level of entrepreneurship … a regional culture of entrepreneurship is an important resource for regional growth. …
Persistent link: https://www.econbiz.de/10010884466
The 40 years of socialist regime in East Germany were characterized by a massive anti-entrepreneurship policy. We … investigate the reemergence of entrepreneurship in East Germany during its transformation to a market economy following the … market economy, suggesting the existence of a long-lasting regional entrepreneurship culture. …
Persistent link: https://www.econbiz.de/10011276270
Which role do individual income prospects play in the decision to be an entrepreneur rather than an employee? In a model of occupational choice, higher expected after-tax earnings attract people to self-employment, while more risky net earnings deter risk-averse individuals. In this paper I...
Persistent link: https://www.econbiz.de/10005017467
In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate...
Persistent link: https://www.econbiz.de/10005018669
Why do people engage in entrepreneurship and commit large parts of their personal wealth to their business, despite … and exit decisions. Nonpecuniary benefits of entrepreneurship, such as being independent in the workplace, also contribute …
Persistent link: https://www.econbiz.de/10010544328
entrepreneurship in Germany between 1991 and 2011, the first two decades after reunification. We investigate the socio …
Persistent link: https://www.econbiz.de/10009421461
entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic …
Persistent link: https://www.econbiz.de/10009422061