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

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

formation tend to be persistent for periods as long as 80 years and that such an entrepreneurial culture can even survive abrupt … and drastic changes in the politic-economic environment. We thus conclude that regional entrepreneurship cultures do exist …

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

Is Smoking Behavior Culturally Determined?: Evidence from British Immigrants

Christopoulou, Rebekka; Lillard, Dean R. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013

's decision to smoke is determined by culture. For each country, we use retrospective data to describe individual smoking … trajectories over the life-course. For the UK, we use these trajectories to measure culture by cohort and cohort-age, and more … but not that of non-British immigrants and natives. Researchers can apply our strategy to estimate culture effects on …

Persistent link: https://www.econbiz.de/10010604529

Demand Side Analysis of Microlending Markets in Germany

Kritikos, Alexander S.; Kneiding, Christoph; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

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

Risk Attitudes and Private Business Equity

Fossen, Frank M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

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

Who Starts a Business and Who Is Self-Employed in Germany

Fritsch, Michael; Kritikos, Alexander S.; Rusakova, Alina - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012

entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic …

Persistent link: https://www.econbiz.de/10009422061

Gender Differences in Entrepreneurial Choice and Risk Aversion: A Decomposition Based on a Microeconometric Model

Fossen, Frank M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

Why are female entrepreneurs so rare? Women have both to a lower entry rate into selfemployment and a higher exit rate in Germany. To explain the gender gap, a structural microeconometric model of the transition rates is estimated, which includes a standard risk aversion parameter. As inputs...

Persistent link: https://www.econbiz.de/10008461826

Foreign Bank Presence and Its Effect on Firm Entry and Exit in Transition Economies

Havrylchyk, Olena - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2010

This study investigates the impact of foreign bank penetration in Central and Eastern Europe on firm entry. We demonstrate that the acquisition of domestic banks by foreign investors has led to reduced firm creation, smaller average size of entrants and increased firm exit in opaque industries...

Persistent link: https://www.econbiz.de/10010783951

The Impact of Risk Attitudes on Entrepreneurial Survival

Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander S. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

Risk attitudes have an impact on not only the decision to become an entrepreneur but also the survival and failure rates of entrepreneurs. Whereas recent research underpins the theoretical proposition of a positive correlation between risk attitudes and the decision to become an entrepreneur,...

Persistent link: https://www.econbiz.de/10004963639

"I Want to, But I also Need to": Start-Ups Resulting from Opportunity and Necessity

Caliendo, Marco; Kritikos, Alexander S. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

When unemployed persons go into business, they often are characterized as necessity entrepreneurs, because push factors, namely their unemployment, likely prompted their decision. In contrast to this, business founders who have been previously employed represent opportunity entrepreneurs because...

Persistent link: https://www.econbiz.de/10008543460

Is Entrepreneurial Success Predictable?: An Ex-ante Analysis of the Character-Based Approach

Caliendo, Marco; Kritikos, Alexander S. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

This paper empirically analyzes whether the character-based approach, which is based on the personality structure and the human capital of business founders, allows prediction of entrepreneurial success. A unique data set is used consisting of 414 previously unemployed persons whose personal...

Persistent link: https://www.econbiz.de/10005068664