The in°uence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial literature. Conventional wisdom asserts that being an entrepreneur means making risky decisions in uncertain environments; hence more risk-averse individuals are less likely to...

Die Existenzgründungsförderung für Arbeitslose gewinnt als arbeitsmarktpolitisches Instrument in Deutschland zunehmend an Bedeutung. Mit der Einführung des Existenzgründungszuschusses (ExGZ) zum 1.1.2003 steht gründungswilligen Arbeitslosen – neben dem Überbrückungsgeld (ÜG) – nun...

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...

Knapp zwei Jahre lang wurde im Auftrag des Bundesministeriums für Arbeitund Soziales die Wirksamkeit der Instrumente analysiert, die die KommissionModerne Dienstleistungen am Arbeitsmarkt im Jahre 2002 vorgeschlagenhatte, und die nachfolgend als „Hartz-Reformen“ umgesetzt worden...

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,...

"The support of start-ups out of unemployment within the legislative framework of Social Code III (SGB III) is still one of the most important instruments of active labour market policy. On August 1, 2006, the new 'Start-up Scheme' (§ 57 SGB III) replaced its predecessors, the 'Bridging...

"The support of start-ups out of unemployment within the legislative framework of Social Code III (SGB III) is still one of the most important instruments of active labour market policy. On August 1, 2006, the new 'Start-up Scheme' (§ 57 SGB III) replaced its predecessors, the 'Bridging...