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 …-employment and dependent employment are estimated separately by gender, accounting for non-random selection into the employment …

rates of entrepreneurs. Whereas recent research underpins the theoretical proposition of a positive correlation between risk … entrepreneurs. The empirical results confirm that persons whose risk attitudes are in the medium range survive significantly longer … as entrepreneurs than do persons with particularly low or high risks. …

When possible income tax reforms are debated, the suspected impact on entrepreneurship is often used as an argument in … entrepreneurship based on microeconometric research have not been provided by the literature, however. This paper estimates the ex … people from choosing self-employment. This is explained by the reduction of entrepreneurs' income risk through progressive …

The empirical finding that entrepreneurs tend to invest a large share of their wealth in their own firms despite … supporting the hypothesis that lower risk aversion of entrepreneurs, and not necessarily credit constraints, may explain this …

precautionary wealth in various studies. However, the large estimates emerged from pooling non-entrepreneurs and entrepreneurs … private wealth balance sheets. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that … this is not due to precautionary motives. Entrepreneurs may rather save for old age, as they are usually not covered by …

women. …

Entrepreneurship is a local and dynamic phenomenon. We jointly investigate spatial spillovers and time persistence of … persistence of start-up activity, especially in the high-tech industry. This indicates that entrepreneurship is deeply rooted in … regions and underlines the importance of local entrepreneurship culture for new business formation. …

We investigate how personal income taxes affect the portfolio share of personal wealth that entrepreneurs invest in … selectioninto entrepreneurship, we use changes in entry regulation into skilled trades. Estimation results are consistent with the …

As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important … entrepreneurs play in sustainable job creation. While human and social capital variables positively influence the hiring decision …