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This paper proposes that risk aversion encourages individuals to invest in balanced skillprofiles, making them more likely to become entrepreneurs. By not having taken this possiblelinkage into account, previous research has underestimated the impacts both of risk aversionand balanced skills on...
Persistent link: https://www.econbiz.de/10009486995
Drivers of entrepreneurial entry are investigated in this study by examining how entry intosmall-business ownership is shaped by industry-specific constraints. The human- andfinancial-capital endowments of potential entrepreneurs entering firms in various industriesare shown to differ...
Persistent link: https://www.econbiz.de/10009522199
Die Gründungsförderung der Bundesagentur für Arbeit ist im Rahmen der aktivenArbeitsmarktpolitik im Rechtskreis SGB III nach wie vor eines der bedeutsamstenInstrumente. Zum 1. August 2006 löste der Gründungszuschuss (§ 57 SGB III) seine beidenVorgänger, das Überbrückungsgeld und den...
Persistent link: https://www.econbiz.de/10009522211
Fostering and supporting start-up businesses by unemployed persons has become anincreasingly important issue in many European countries. These new ventures are beingsupported by various governmental programs. Potential benefits include not only the end ofunemployment for the new entrepreneur but...
Persistent link: https://www.econbiz.de/10005861159
Support schemes for unemployed aiming for self-employment have been recently reformedseveral times. In 2003, the start-up subsidy was added to the existing bridging allowance...
Persistent link: https://www.econbiz.de/10005861534
This paper examines to what extent recent empirical evidence can collectively andsystematically substantiate the claim that entrepreneurship has important economic value.Hence, a systematic review is provided that answers the question: What is the contribution ofentrepreneurs to the economy in...
Persistent link: https://www.econbiz.de/10005862087
Academic entrepreneurship has become an increasingly important channel through whichuniversities contribute to economic development. This paper studies academic entrepreneursusing a comprehensive venture capital database...
Persistent link: https://www.econbiz.de/10005862312
Existing literature suggests that entrepreneurs with prior firm-founding experience have moreskills and social connections than novice entrepreneurs. Such skills and social connectionscould give experienced founders some advantage in the process of raising venture capital.This paper uses a large...
Persistent link: https://www.econbiz.de/10005862321
This paper empirically analyzes whether the character-based approach, which is based onthe personality structure and the human capital of business founders, allows prediction ofentrepreneurial success...
Persistent link: https://www.econbiz.de/10005863223
Turning unemployment into self-employment has become a major focus of German activelabour market policy (ALMP) in recent years. If effective, this would not only reduceGermany’s persistently high unemployment rate, but also increase its notoriously low selfemploymentrate. Empirical evidence on...
Persistent link: https://www.econbiz.de/10005863227