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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

Is entrepreneurial success predictable? : an ex-ante analysis of the character-based approach

Caliendo, Marco (contributor); … - 2007

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...

Persistent link: https://www.econbiz.de/10003440087

"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

Demand side analysis of microlending markets in Germany

Kritikos, Alexander; Kneiding, Christoph; Germelmann, … - 2009

services exists. The present pilot study explores customer preferences for microlending products in Germany. Among the …

Persistent link: https://www.econbiz.de/10003858721

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