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The focus of this paper is on the choice of the unemployed between becoming an entrepreneur or not. It contributes to the literature by empirically investigating two hitherto neglected issues: What is the impact of risk aversion and personal contact with a role model in shaping the decision to...
Persistent link: https://www.econbiz.de/10011410741
are lacking in Germany, we know from empirical studies that entry rates differ between regions, and that the propensity to …
Persistent link: https://www.econbiz.de/10011411296
should have a higher probability of being self-employed than others. The empirical results for Germany support this jack …
Persistent link: https://www.econbiz.de/10011413672
Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our … employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university …
Persistent link: https://www.econbiz.de/10010438895
We exploit Germany's reunification to identify how school-age education affects entrepreneurial intentions. We look at … university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West …
Persistent link: https://www.econbiz.de/10011346583
also reinforce the prior evidence on the intergenerational transmission of entrepreneurship. …
Persistent link: https://www.econbiz.de/10011454428
We analyze whether start-up rates in different industries systematically change with business cycle variables. Using a unique data set at the industry level, we mostly find correlations that are consistent with counter-cyclical influences of the business cycle on entries in both innovative and...
Persistent link: https://www.econbiz.de/10011853760
household income. Based on individual-level data from the KfW Start-up Monitor, a large-scale survey on entrepreneurship in … Germany, our regression results show that entrepreneurs in creative industries tend to be younger and better educated than …
Persistent link: https://www.econbiz.de/10011881166
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … generalists and specialists to possess skill variety. Third, we test our model empirically using data from Germany and the …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10010230889
Germany experienced a unique rise in the level of self-employment in the first two decades following unification … employees and the overall level of self-employment in West Germany, their explanatory power is much lower for the stronger … increase of solo self-employment and of self-employment in former socialist East Germany. …
Persistent link: https://www.econbiz.de/10010473186