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The impact of risk attitudes on entrepreneurial survival

Caliendo, Marco (contributor); Fossen, Frank M. (contributor) - 2008

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,...

Persistent link: https://www.econbiz.de/10003726124

Risk attitudes of nascent entrepreneurs : new evidence from an experimentally-validated survey

Caliendo, Marco (contributor); Fossen, Frank M. (contributor) - 2006

The influence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial literature. Conventional wisdom asserts that the role model of an entrepreneur requires to make risky decisions in uncertain environments and hence that more risk-averse...

Persistent link: https://www.econbiz.de/10003338252

Die reformierte Gründungsförderung für Arbeitslose : Chancen und Risiken

Caliendo, Marco; Kritikos, Alexander - 2009

Support schemes for unemployed persons aiming to become self-employed have been recently reformed several times. In 2003, the "start-up-subsidy" (Existenzgründungszuschuss) was added to the existing "bridging-allowance" (Überbrückungsgeld) and the two programs to-gether led to a strong...

Persistent link: https://www.econbiz.de/10003807454

"I want to, but I also need to" : start-ups resulting from opportunity and necessity

Caliendo, Marco; Kritikos, Alexander - 2009

When unemployed persons go into business, they often are characterized as necessity entrepreneurs, because push factors, namely their unemployment, likely prompted their decision. In contrast to this, business founders who have been previously employed represent opportunity entrepreneurs because...

Persistent link: https://www.econbiz.de/10003921269

Who starts a business and who is self-employed in Germany

Fritsch, Michael; Kritikos, Alexander; Rusakova, Alina - 2012

entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic … increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … Germany and to the shift to the service sector. We notice a yearly start-up rate of 1 percent among the working population …

Persistent link: https://www.econbiz.de/10009580116

Business cycles, unemployment and entrepreneurial entry : first evidence from Germany

Fritsch, Michael; Kritikos, Alexander; Pijnenburg, Katharina - 2013

Germany reveals that start-up activities are positively influenced by unemployment rates and that the cyclical component of …

Persistent link: https://www.econbiz.de/10009723921

Do entrepreneurs really earn less?

Sorgner, Alina; Fritsch, Michael; Kritikos, Alexander - 2014

Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our …

Persistent link: https://www.econbiz.de/10010438045

Why did self-employment increase so strongly in Germany?

Fritsch, Michael; Kritikos, Alexander; Sorgner, Alina - 2015 - This version: January 2015

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/10010479957

Business cycles and start-ups across industries : an empirical analysis of German regions

Konon, Alexander; Fritsch, Michael; Kritikos, Alexander - 2018

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/10011822200

German financial state aid during COVID-19 pandemic : higher impact among digitalized self-employed

Bertschek, Irene; Block, Jörn; Kritikos, Alexander; … - 2022

In response to strong revenue and income losses that a large share of the self-employed faced during the COVID-19 pandemic, the German federal government introduced a €50bn emergency aid program. Based on real-time online-survey data comprising more than 20,000 observations, we analyze the...

Persistent link: https://www.econbiz.de/10013399812