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This study applies a full information maximum likelihood (FIML) estimator of the sample selection model with bivariate selection rule for the investigation of the impact of subsidised firm foundation from unemployment on employment growth of the firm. The empirical analysis is based on the ZEW...
Persistent link: https://www.econbiz.de/10011445928
In April 1995, 5.3 million people in Germany were on the lookout for a new job opportunity. 177,000 or nearly 3% of … selfemployment in lieu of wage work are investigated separately for East and West Germany. Using the 70 %-ZEW-sample of the … factors like age, sex and education, on the status in the labour market. In 1991 in East Germany the probability of aspiring …
Persistent link: https://www.econbiz.de/10011442339
Persistent link: https://www.econbiz.de/10003881345
entry strategies. The four main groups of entry strategies are independency entrepreneurship, opportunity entrepreneurship …, spin-out entrepreneurship and necessity entrepreneurship. The results indicate that firms conducting R&D continuously start … new market opportunities as well as spin-out entrepreneurship exhibit a higher initial size while start-ups established …
Persistent link: https://www.econbiz.de/10003846123
avoiding bankruptcy. Conclusions for entrepreneurship scholars, entrepreneurs and stakeholders are discussed. …
Persistent link: https://www.econbiz.de/10010234047
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...
Persistent link: https://www.econbiz.de/10011558130
Existing management research has so far dealt with the consequences of labor turnover for established firms, but has not addressed its effect on young entrepreneurial businesses. In this paper I assess, both theoretically and empirically, the productivity effects of worker replacement in young...
Persistent link: https://www.econbiz.de/10011606997
This paper analyzes the medium-term growth performance of firms that exclusively received start-up assistance from programs administered by the Deutsche Ausgleichsbank (DtA), a state owned bank, within two years after startup. I apply a parametric selection approach that controls for two...
Persistent link: https://www.econbiz.de/10011446100
entrepreneurship research. To assess relative workforce heterogeneity, we construct a simulated benchmark to which we compare observed …
Persistent link: https://www.econbiz.de/10009784002
employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We …
Persistent link: https://www.econbiz.de/10011567399