This paper analyzes how companies of immigrant entrepreneurs in knowledgeintensive industries differ from companies of native entrepreneurs with respect to start-up characteristics, firm survival and innovative performance. I focus on immigrants from the "recruitment countries" of south and...

The effect of innovations on employment at the firm level is theoretically ambiguous. The present paper analyses this relationship using panel data on German start-up firms as well as German patent data. It employs different indicators of patenting activity. By applying fixed-effects and...

We investigate the extent to which complementarities between technical and business skills of founders and employees matter for the generation of market novelties by new ventures. Using data about German start-ups, we find that there are no complementarities between technical and business skills...

Die Euphorie um private Beratungs- und Finanzierungsangebote für „start-up"- Unternehmen - nicht zuletzt durch den „Neuen Markt" - werfen die Frage nach dem Sinn staatlicher Technologietransfer- und Gründungsförderung vor einem neuen Hintergrund auf. Hat sich der Ansatz der regionalen...

The number of start-ups in Germany has been at a historically low level for a decade. While there was an annual average of 240,000 new start-ups between 1995 and 2004, the number has fallen significantly in the following years to around 165,000. One explanation is demographic change, but another...