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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

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

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

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

The apple doesn't fall far from the tree: location of start-ups relative to incumbents

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2009

New firm location decisions, relative to incumbents may be based on a choice between two types of advantages: natural advantages or those that arise from social embeddedness, the latter of which may particularly include knowledge spillovers. We analyze the relative importance of geographically...

Persistent link: https://www.econbiz.de/10010266689

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

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

Penetrating the knowledge filter in "rust-belt" economies

Ács, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - 2008

A new model of economic growth introduces the knowledge filter between new generic knowledge and economically-useful knowledge. It identifies both the formation of new ventures and the absorptive capacity of incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical...

Persistent link: https://www.econbiz.de/10010270590

Penetrating the knowledge filter in the rust belt

Ács, Zoltán J.; Plummer, Lawrence A.; Sutter, Ryan - 2007

A new model of economic growth introduces the knowledge filter between new knowledge and economically useful knowledge. It identifies both new ventures and incumbent firms as the mechanisms that penetrate the knowledge filter. Recent empirical work has shown that new firms are more proficient at...

Persistent link: https://www.econbiz.de/10010271770

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