This paper reviews the current state of knowledge about the effect of new business formation on regional development … research and draw some conclusions for entrepreneurship policy. -- Entrepreneurship ; new business formation ; employment …

This paper investigates the impact of implicit institutions on the decision to become an entrepreneur. Implicit … differences influence the probability of being self-employed. In the process of our analysis, we also sketch the ongoing … economical transition process in East Germany, which severely disturbs a proper analysis of the institutional differences from a …

increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … starting a business. -- Entrepreneurship ; Self-Employment ; Start-ups ; Germany …

the non-agricultural sector, particularly in knowledge- intensive industries on current levels of new business formation …

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 …

with other industries. We also find a relatively strong overall effect of new business formation in knowledge … discuss the implications for entrepreneurship policy that can be derived from our findings. -- Entrepreneurship ; new business …

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 …

provides more realistic perspectives on what it takes to be an entrepreneur, resulting in "sorting". Overall, the results …

business. In light of this, we compare the skill sets of employees working in businesses of different size to the skill sets of … of different business sizes and entrepreneurs. Finally, the estimated returns to balanced skills are largest for … entrepreneurs whereas, for employees, these returns decrease as business size increases. However, we find no relationship between …