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 insights about the motivations and goals of nascent...

We analyze the effect of peer influence on the diffusion of an innovative network good, argu-ing that the adopters of a network good have an incentive to convince others to purchase the same product because their utility depends on the number of other users. This peer-effect influences...

We study a unique sample of 1,547 nascent entrepreneurs in Germany and analyze which factors are associated with their start-up satisfaction. Our results identify a group of nascent entrepreneurs that 'cannot get satisfaction' with their start-up because they did not choose to become...

A series of field and laboratory experiments were conducted in which single-sex groups of male or female students competed in different intellectual tasks to earn money or university grades (N = 291). The supervisor of these groups was one of several young and attractive males or females. The...

Prior research shows that cross-functional management impacts firm performance. Using stewardship theory, we hypothesize that family firms have a high proclivity to pursue cross-functional management. We test our hypothesis in the context of patent management and find that family firms pursue...

German Abstract: Familienunternehmen wird eine hohe Bedeutung für die deutsche Wirtschaft beigemessen. In diesem Artikel untersuchen wir auf Kreisebene die regionale Verteilung von Familienunternehmen in Westdeutschland. Unsere empirischen Untersuchungen zeigen, dass Familienunternehmen eher in...

Little is known about the relation between validated psychiatric symptoms scores and the entrepreneurial decision. Building on the Person-Environment (P-E) fit literature and using data of over 10,000 students, we test whether individuals with higher levels of attention deficit and hyperactivity...

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instru-mental...

The paper uses data from the German Socio-Economic Panel (SOEP) to analyze entrepreneurial activities by foreigners in Germany. The results from our regression analysis are the following: First, foreigners in self-employment are found to earn more than foreigners in a regular employment...