A large literature has emerged focusing on the post-entry performance of firms and, in particular, on thelinks between … firm growth, survival, size and age. While these studies have resulted in findings that aresufficiently consistent as to …-entry performance of firms, orwhat happens to firms subsequent to entering an industry. We suggest theoretical reasons why …

effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival … founders, we conclude that specific investments indeed affect the three performance measures substantially and significantly …

performance. We test these hypotheses using county level data from West Germany, employing a structural equation model to analyze … particular, our results suggest that innovation efforts have an indirect effect on economic performance via entrepreneurship … performance. …