Showing 1 - 10 of 35
The paper analyses the impact of venture capital finance on growth and innovation activities of young German firms. Among other variables, our panel of firm data includes data on venture capital funding and patent applications. With a statistical matching procedure we draw an adequate control...
Persistent link: https://www.econbiz.de/10010297278
corporate investors) in the emergence of a new biotechnology industry in Germany in the second half of the 90?s. This analysis …
Persistent link: https://www.econbiz.de/10010297325
and West Germany, I find distinct education and size effects and a higher share of bankruptcy-related liquidations in East … Germany. These results are argued to reflect different industry structures, capital and labor market conditions in both parts … of Germany. …
Persistent link: https://www.econbiz.de/10010297338
For small high-tech firms international orientation is regarded as crucial for growth and long-term survival. Even newly founded technology based firms (NTBFs) are often internationally active shortly after their inception (?born globals?). However, in order to create jobs and have a sustainable...
Persistent link: https://www.econbiz.de/10010297389
The paper tests empirically the role of knowledge stocks to explain the regional distribution of Germany …
Persistent link: https://www.econbiz.de/10010297473
The performance of young and newly founded firms depends largely to the human capital of the firm owner. The entrepreneur is therefore one of the main success factors for the firm. Yet entrepreneurs differ considerably in their background and characteristics. Particularly, founders? individual...
Persistent link: https://www.econbiz.de/10010297546
Großbritannien und Deutschland beitragen soll. Die Ergebnisse zeigen, daß sowohl in Großbritannien als auch in Deutschland die …
Persistent link: https://www.econbiz.de/10010297595
The present paper deals with the question whether 'Gibrat's law' is applicable to firms founded between 1989 and 1996 within the Western German manufacturing sector or not. The underlying assumption is that size of a firm has no in uence on its growth. Growth is rather determined by a process of...
Persistent link: https://www.econbiz.de/10010297605
In April 1995, 5.3 million people in Germany were on the lookout for a new job opportunity. 177,000 or nearly 3% of … selfemployment in lieu of wage work are investigated separately for East and West Germany. Using the 70 %-ZEW-sample of the … factors like age, sex and education, on the status in the labour market. In 1991 in East Germany the probability of aspiring …
Persistent link: https://www.econbiz.de/10010297606
The neoclassical model of the production function, as applied by Robert Solow to build the neoclassical model of growth, linked labor and capital to output. More recently, Romer and others have expanded the model to include measures of knowledge capital. In this paper we introduce a new factor,...
Persistent link: https://www.econbiz.de/10010297675