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, persistence in regional determinants of new business formation, distinct regional cultures of entrepreneurship, and path …
Persistent link: https://www.econbiz.de/10011446159
We use the historical self-employment rate as an indicator of a regional culture of entrepreneurship and link this … measure to economic growth in recent periods. The results indicate that German regions with a high level of entrepreneurship … a regional culture of entrepreneurship is an important resource for regional growth. …
Persistent link: https://www.econbiz.de/10010342537
limited. In this paper, we show that entry into entrepreneurship itself plays a decisive role in shaping risk preferences. We … of entrepreneurship. The findings suggest that studies assuming that risk attitudes are stable over time suffer from …
Persistent link: https://www.econbiz.de/10010345248
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10010230889
Germany experienced a unique rise in the level of self-employment in the first two decades following unification. Applying the non-linear Blinder-Oaxaca decomposition technique, we find that the main factors driving these changes in the overall level of self-employment are demographic...
Persistent link: https://www.econbiz.de/10010473186
suggests that entrepreneurship is a key driver of economic development, and one that has long-run effects. …
Persistent link: https://www.econbiz.de/10010477120
Persistent link: https://www.econbiz.de/10012799374
The COVID-19 pandemic severely affected not only incumbent firms, but also the emergence of start-ups. This paper investigates and analyzes the pandemic's effect on new business formation, as well as business exits and insolvencies, in Germany. We find that the overall level of business...
Persistent link: https://www.econbiz.de/10012626195
We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We document that both earnings and income are more concentrated among entrepreneurs than among workers and describe a large-scale overlapping-generations model that can replicate...
Persistent link: https://www.econbiz.de/10012249285
) measures in Germany. A particular focus is on programs devoted to foster entrepreneurship which can make important … market prospects of the participants. Evaluations of the entrepreneurship promotion activities show high success rates as … well as high cost efficiency. The bulk share of participants of entrepreneurship measures is still self-employed after …
Persistent link: https://www.econbiz.de/10011572695