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R&D and firm performance in a transition economy
Czarnitzki, Dirk (contributor); Kraft, Kornelius (contributor) - 2006
of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on … firm value proxied by ratings in Western Germany, but a negative impact in Eastern Germany. We also consider future … financial distress, and find that R&D in Eastern German firms leads to higher default risk, in contrast to Western Germany …
Persistent link: https://www.econbiz.de/10003328090
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Afterlife - who takes heart for restart?
Metzger, George (contributor) - 2006
The performance of young and newly founded firms depends largely to the human capital of the firm owner. The entrepreneur is therefore one of the main success factors for the firm. Yet entrepreneurs differ considerably in their background and characteristics. Particularly, founders’ individual...
Persistent link: https://www.econbiz.de/10003337984
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Personal experience: a most vicious and limited circle!? : on the role of entrepreneurial experience for firm survival
Metzger, Georg (contributor) - 2007
The analysis in this paper gives attention to effects on firm survival which come from entrepreneurial experience. It is likely that different kinds of experience result in different firm developments and therefore in different types of firm exit. Particular emphasis is placed upon the effects...
Persistent link: https://www.econbiz.de/10003516707
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On the role of entrepreneurial experience for start-up financing : an empirical investigation for Germany
Metzger, Georg (contributor) - 2007
Entrepreneurs are often faced with problems regarding start-up financing. But compared to novice entrepreneurs, experienced entrepreneurs should have both more knowledge and better contacts, which should potentially reduce the occurrence of problems and affect finance composition. However,...
Persistent link: https://www.econbiz.de/10003516711
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On the role of entrepreneurial experience for start-up financing : an empirical investigation for Germany
Metzger, Georg (contributor) - 2007
Entrepreneurs are often faced with problems regarding start-up financing. But compared to novice entrepreneurs, experienced entrepreneurs should have both more knowledge and better contacts, which should potentially reduce the occurrence of problems and affect finance composition. However,...
Persistent link: https://www.econbiz.de/10003567056
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Personal experience: a most vicious and limited circle!? : on the role of entrepreneurial experience for firm survival
Metzger, Georg (contributor) - 2007
The analysis in this paper gives attention to effects on firm survival which come from entrepreneurial experience. It is likely that different kinds of experience result in different firm developments and therefore in different types of firm exit. Particular emphasis is placed upon the effects...
Persistent link: https://www.econbiz.de/10003567060
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Business closure and financial loss : who foots the bill? ; evidence from German small business closures
Metzger, Georg - 2010
This paper explores how different reasons for business closure impact the probability that financial loss will be suffered by creditors. Using German small business data, the study finds that business closure due to financial problems is strongly correlated with a likelihood of financial loss....
Persistent link: https://www.econbiz.de/10003961536
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Bankruptcy and voluntary liquidation : evidence for new firms in East and West Germany after unification
Prantl, Susanne (contributor) - 2003
Persistent link: https://www.econbiz.de/10001911605
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Dynamics in ownership and firm survival : evidence from corporate Germany
Heiss, Florian; Köke, Jens - 2001
Persistent link: https://www.econbiz.de/10001651218
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Determinants of acquisition and failure : stylized facts and lessons for empirical studies
Köke, F. Jens - 2001
This study provides new stylized facts on the determinants of corporate failure and acquisition in Germany. It also …
Persistent link: https://www.econbiz.de/10011446202