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This study applies a full information maximum likelihood (FIML) estimator of the sample selection model with bivariate selection rule for the investigation of the impact of subsidised firm foundation from unemployment on employment growth of the firm. The empirical analysis is based on the ZEW...
Persistent link: https://www.econbiz.de/10013428397
This paper analyzes the medium-term growth performance of firms that exclusively received start-up assistance from programs administered by the Deutsche Ausgleichsbank (DtA), a state owned bank, within two years after startup. I apply a parametric selection approach that controls for two...
Persistent link: https://www.econbiz.de/10013428407
Start-up subsidies play an important role in supporting start-up innovation and performance. However, what characteristics help and hinder start-ups to seek start-up subsidies remains unclear. We study whether and how founder personality, as captured by the big five personality traits and...
Persistent link: https://www.econbiz.de/10014305739
In this paper we examine causal effects of German public assistance programs for young firms administered by the Deutsche Ausgleichsbank (DtA). The empirical analysis is based on a combined data set with information from the ZEW Entrepreneurship Study and the DtA data base that contains all...
Persistent link: https://www.econbiz.de/10013428384
on industrial innovations in Germany. We discuss the characteristics of companies that benefit from the findings of … of received knowledge spillovers, we found no higher probability of publicly supported innovations for firms in Germany …
Persistent link: https://www.econbiz.de/10013428175
The paper examines the role of the vertical structure of the public sector for economic growth in Germany in a long …
Persistent link: https://www.econbiz.de/10013428462
bulk of direct administrative services for citizens and firms in Germany. Surveyed municipalities differ substantially in …
Persistent link: https://www.econbiz.de/10014479190
-level dataset to study this redistribution in East Germany where the entire state-owned economy was either privatized or liquidated … within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012287966
Persistent link: https://www.econbiz.de/10000593369
State capacity is optimized when public institutions are staffed by individuals with public-service motivation. However, when motivated agents value the collective reputation of their place of employment, steady-state equilibria with both high and low aggregate motivation (reputation) in the...
Persistent link: https://www.econbiz.de/10011552475