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—relates to the re-emergence of entrepreneurship in East Germany. This region is particularly well suited for such a study because … period, suggesting the existence of a long-lasting regional entrepreneurship culture that can be regarded as an informal …
Persistent link: https://www.econbiz.de/10010988497
independent entrepreneurship, also known as self-employment or business ownership, and economic development. We argue that the … reemergence of independent entrepreneurship is based on at least two 'revolutions'. If we distinguish between solo self …-employed at the lower end of the entrepreneurship spectrum, and ambitious and/or innovative entrepreneurs at the upper end, many …
Persistent link: https://www.econbiz.de/10010990894
This study documents that the survival of start-ups is central in explaining the relationship between entry and regional employment growth. Distinguishing between start-ups according to the period of their survival shows that the positive effect of new business formation on employment growth is...
Persistent link: https://www.econbiz.de/10010849032
Being a "jack-of-all-trades" increases the probability of running an entrepreneurial venture successfully; but what happens to "jack-of-few-trades" who lack sufficient skills? This paper investigates a possible compensation mechanism between balanced skills and cities, and how this compensatory...
Persistent link: https://www.econbiz.de/10010884449
We investigate the role of industry and region-specific conditions for the survival of new businesses in innovative and in other manufacturing industries. The data comprises all German manufacturing start-ups of the 1992 to 2005 period. In contrast to studies for some other countries, we find...
Persistent link: https://www.econbiz.de/10010884451
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/10010884466
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/10011271989
The 40 years of socialist regime in East Germany were characterized by a massive anti-entrepreneurship policy. We … investigate the reemergence of entrepreneurship in East Germany during its transformation to a market economy following the … market economy, suggesting the existence of a long-lasting regional entrepreneurship culture. …
Persistent link: https://www.econbiz.de/10011276270
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10011256128
In the present paper we address the relationship between the extentof business ownership (self-employment) and economic development. We will focusupon three issues. First, how is the equilibrium rate of business ownershiprelated to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10011256131