We study a unique sample of 1,547 nascent entrepreneurs in Germany and analyze which factors are associated with their … self-reported satisfaction regarding their start-up. Our study identifies a new facet of procedural utility and offers new … entrepreneurs that “cannot get satisfaction” with their start-up—not because their start-up fails to deliver financial returns, but …

We study a unique sample of 1,547 nascent entrepreneurs in Germany and analyze which factors are associated with their … self-reported satisfaction regarding their start-up. Our study identifies a new facet of procedural utility and offers new … entrepreneurs that “cannot get satisfaction” with their start-up—not because their start-up fails to deliver financial returns, but …

Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can …, unemployment may be absorbed by underground firms, which adopt backward technology, at the cost of reduced economic growth …. Alternatively, unemployment diminishes because productivity grows by employing workers who prefer to become skilled, and thus not to …

A matching model will explain both unemployment and economic growth by considering the underground sector. Three … between underground employment and unemployment, and (iii) between growth and unemployment. Key assumptions are that … contribute to growth. Underground employment alleviates unemployment only if the monitoring rate is sufficiently low. …

German Socio-Economic Panel data is used to show that the decrease in life satisfaction caused by an increase in the … unemployed reduces self-employed workers’ satisfaction considerably more than salaried workers’ satisfaction. These results … self-employment and the consequences of unemployment rather than from advantages of self-employment. …

German panel data is used to show that the decrease in life satisfaction caused by an increase in the probability of … self-employed workers´ satisfaction considerably more than salaried workers´ satisfaction. These results indicate that …-employment and the consequences of unemployment rather than from advantages of self-employment. …

populations. First, more that demonstrating the importance of cultural diversity for entrepreneurship, we show that the type of …

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 …

impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … of immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are … beyond traditional perspectives that focus on low-cost immigrant labor or immigrant entrepreneurship. …