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Self-employment after socialism: Intergenerational links, entrepreneurial values, and human capital
Fritsch, Michael; Rusakova, Alina - 2012
Drawing on representative household data from the German Socio-Economic Panel, we examine the role of an early precursor of entrepreneurial development - parental role models - for the individual decision to become self-employed in the post-unified Germany. The findings suggest that the...
Persistent link: https://www.econbiz.de/10010291817
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How much of a socialist legacy? The reemergence of entrepreneurship in the East German transformation to a market economy
Fritsch, Michael; Bublitz, Elisabeth; Rusakova, Alina; … - 2012
The 40 years of socialist regime in East Germany were characterized by a massive anti-entrepreneurship policy. We … investigate the reemergence of entrepreneurship in East Germany during its transformation to a market economy following the … market economy, suggesting the existence of a long-lasting regional entrepreneurship culture. …
Persistent link: https://www.econbiz.de/10010291841
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Demography and innovative entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10010263837
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Financial signalling by innovative nascent entrepreneurs
Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - 2009
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their innovation as well as the project´s feasibility. Our...
Persistent link: https://www.econbiz.de/10010266651
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Occupational choice and social contacts across regions
Bauernschuster, Stefan; Falck, Oliver; Heblich, Stephan - 2008
This paper tests the importance of social contacts on entrepreneurship. To measure differences in the …
Persistent link: https://www.econbiz.de/10010266664
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The shadows of the past: how implicit institutions influence entrepreneurship
Bauernschuster, Stefan; Falck, Oliver; Gold, Robert; … - 2009
This paper investigates the impact of implicit institutions on the decision to become an entrepreneur. Implicit institutions are here defined as mindsets that have developed as the result of norms and traditions and we expect they will have an influence on risk attitudes and opportunity...
Persistent link: https://www.econbiz.de/10010267063
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Entrepreneurship and cultural creativity
Fritsch, Michael; Rusakova, Alina - 2010
We investigate the relationship between cultural creativity and entrepreneurship in two respects: first, cultural and … individuals of the German Socio Economic Panel (SOEP). We find, indeed, some significant links between entrepreneurship and …
Persistent link: https://www.econbiz.de/10010267115
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Personality traits, self-employment, and professions
Fritsch, Michael; Rusakova, Alina - 2010
We investigate the effect of broad personality traits' - the Big Five - on an individua's decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of self-employment varies considerably across professions, we...
Persistent link: https://www.econbiz.de/10010286449
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Who starts a business and who is self-employed in Germany
Fritsch, Michael; Kritikos, Alexander; Rusakova, Alina - 2012
entrepreneurship in Germany between 1991 and 2011, the first two decades after reunification. We investigate the socio …
Persistent link: https://www.econbiz.de/10010286464
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Demography and Innovative Entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - Max-Planck-Institut für Ökonomik <Jena> - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10005864516