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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
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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
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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
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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
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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
and drastic changes in the politic-economic environment. We thus conclude that regional entrepreneurship cultures do exist …
Persistent link: https://www.econbiz.de/10010896194
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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
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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
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"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
of nearly 1,900 business start-ups by unemployed persons reveals that both kind of motivation can be observed among these … start-ups. Moreover, a new type of entrepreneur emerges, motivated by both push and pull variables simultaneously. An … between motives, survival rates and entrepreneurial development. We find in particular that start-ups out of opportunity and …
Persistent link: https://www.econbiz.de/10008543460
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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
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Businesswomen in Germany and Their Performance by Ethnicity: It Pays to Be Self-Employed
Constant, Amelie - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
In this paper I assert that the entrepreneurial spirit can also exist in salaried jobs. I study the determinants of wages and the labor market success of two kinds of entrepreneurial women in Germany - self-employed and salaried businesswomen - and investigate whether ethnicity is important in...
Persistent link: https://www.econbiz.de/10005068678