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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

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

The long persistence of regional entrepreneurship culture: Germany 1925 - 2005

Fritsch, Michael; Wyrwich, Michael - 2012

and drastic changes in the politic-economic environment. We thus conclude that regional entrepreneurship cultures do exist …

Persistent link: https://www.econbiz.de/10010291827

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

A physician with a soul of a cook? Entrepreneurial personality across occupations

Sorgner, Alina - 2012

entrepreneurship behavior. However, little is known about the role of the context in the relationship between personality and … entrepreneurship. This paper draws on the well-established psychological theory of vocational behavior, which emphasizes the crucial …

Persistent link: https://www.econbiz.de/10010291855

The entrepreneurial culture: guiding principles of the self-employed

Noseleit, Florian - 2008

What makes entrepreneurs different? Using a cross-country dataset, this paper explores essential parts of the value system of entrepreneurs in Western European countries by comparing value items of the self-employed to that of the non-self-employed. The self-employed rate values higher that aim...

Persistent link: https://www.econbiz.de/10010263877

Entrepreneurs' acceptance of formal institutions: a cross-country analysis

Freytag, Andreas; Noseleit, Florian - 2009

Institutional settings and the resulting incentive structures are crucial for economic development. The type of entrepreneurial activity and the entrepreneurial effort are especially dependent on underlying incentive structures. We argue that institutions with better incentive structures for...

Persistent link: https://www.econbiz.de/10010266668

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

How long does it take to become an entrepreneurial society: The case of german convergence in self-employment

Schindele, Yvonne - 2010

Since the beginning of the transformation of East Germany from a socialist planned economy to a market economy, there has been an ambitious political goal of fostering entrepreneurial activity in that part of the country. One of the most-hoped for results of this undertaking is the anticipated...

Persistent link: https://www.econbiz.de/10010267109

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