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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

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

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

Funding self-employment : the role of consumer credit

Kneiding, Christoph; Kritikos, Alexander - 2011

This paper investigates whether self-employed households use consumer loans - in particular instalment loans and overdrafts - to finance business activities. Controlling for financial and non-financial household variables we show that self-employed households particularly use personal overdrafts...

Persistent link: https://www.econbiz.de/10009580355

Personality characteristics and the decision to become and stay self-employed

Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander - 2011

into self-employment and survival of self-employed persons in Germany. The empirical analysis reveals that among the …

Persistent link: https://www.econbiz.de/10009426699

The link between R&D, innovation and productivity : are micro firms different?

Baumann, Julian; Kritikos, Alexander - 2016

We analyze the link between R&D, innovation, and productivity in MSMEs with a special focus on micro firms with fewer than 10 employees; usually constituting the majority of firms in industrialized economies. Using the German KfW SME panel, we examine to what extent micro firms are different...

Persistent link: https://www.econbiz.de/10011421890