Showing 1 - 10 of 16
a new business and classification and regression trees for an accurate interpretation of the data. Our results support … impact on new business creation across all countries in our sample. Our findings are consistent with the idea that …
Persistent link: https://www.econbiz.de/10002556818
We use a neoclassical production function to analyze the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, we estimate a spatial Durbin model. We highlight the importance of the...
Persistent link: https://www.econbiz.de/10009308905
A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy, lenders may charge higher interest rates or...
Persistent link: https://www.econbiz.de/10009308943
results show that the median self-employed entrepreneur with employees earns significantly more than the median salaried … employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university …
Persistent link: https://www.econbiz.de/10010438045
- such as fear of failure in starting a business venture, whether individuals expect that good opportunities are likely to … have a positive and significant impact on business creation, Natural Disasters have a positive and negative impact on … extreme events on perception variables such as Fear of Failure, Expected Business Opportunities, and Expected Level of …
Persistent link: https://www.econbiz.de/10009304374
The amendment to the German Trade and Crafts Code in 2004 offers a natural experiment to asses the causal effects of this reform on the probabilities of being self-employed and transition into and out of self-employment, using cross-sections (2002-2006) of German microcensus data. This study...
Persistent link: https://www.econbiz.de/10009267839
willingness to trust other people influences the probability of starting a business; ii) trust, positive reciprocity, and negative … probability of being an entrepreneur versus an employee or a manager. Our findings reveal that, in particular, trust impacts …
Persistent link: https://www.econbiz.de/10009272594
opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative …
Persistent link: https://www.econbiz.de/10009665429
Why do people engage in entrepreneurship and commit large parts of their personal wealth to their business, despite …
Persistent link: https://www.econbiz.de/10009579232
We investigate the persistence of levels of self-employment and new business formation in different time periods and … under different framework conditions. The analysis shows that high levels of regional self-employment and new business … and that they have long-lasting effects. -- Entrepreneurship ; self-employment ; new business formation ; persistence …
Persistent link: https://www.econbiz.de/10009579325