Showing 1 - 10 of 99
We investigate whether the supply of Venture Capital (VC) in Germany is driven by spatial influences. The study is based on information from more than 300 VC investments made in Germany between 2004 and 2005. We find evidence that the geographical distance between a VC company and the portfolio...
Persistent link: https://www.econbiz.de/10005864733
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10005864516
Entrepreneurship is an important process in regional economic development.Especially the continued growth of a minority … of new firms is of major significance to thecommercialization of new ideas and employment growth. These growing new firms …
Persistent link: https://www.econbiz.de/10005864876
We investigate the effects of new business formation on employment change in German regions. A special focus is on the …
Persistent link: https://www.econbiz.de/10005864877
entrepreneurship. These factors also seem to be responsible for changes in the level of regional new business formation. In addition …
Persistent link: https://www.econbiz.de/10005865030
-firm startups and employment growth has previously been examined either with no time-lag or with only a short period lag. We find …, for GB as a whole, no significant relationship between startups and employment creation in the 1980s, but a negative … questions over policies designed to raise rates of new firm formation as a strategy for employment creation, particularly in …
Persistent link: https://www.econbiz.de/10005865210
externalities, as measured by entrepreneurial activity, on employment growth in Local Market Areas. We find that differences in …
Persistent link: https://www.econbiz.de/10005865253
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/10005865242
We present a model that explains how a cluster moves through a life cycle and why this movement differs from the industry life cycle. The model is based on three key processes: the changing heterogeneity in the cluster describes the movement of the cluster through the life cycle; the geographical...
Persistent link: https://www.econbiz.de/10005864517
This paper re-examines the link between new firm formation and subsequent employment growth. It investigates whether it … is possible to have the wrong type of entrepreneurship - defined as new firm formation which leads to zero or even … negative subsequent employment growth. It uses a very similar approach to that of Fritsch and Meller (2004), confirming their …
Persistent link: https://www.econbiz.de/10005864872