Internal communication has become an important factor in today's business world. The increased use of electronic media can, despite their obvious advantages, cause communication problems, i.e. information overload. By avoiding communication problems, the productivity of a company can be...

Nachfolgeregelung durch Unternehmenskauf - Werkzeuge für die Bewertungund Finanzierung kleiner und mittelständischer Unternehmen im Rahmen einerexternen Nachfolge - die Themenstellung dieser Arbeit enthält zweiSchwerpunkte aus dem Gesamtprozess der Unternehmensnachfolge durchVerkauf: Die...

Seit einigen Jahren ist im Gefolge von Basel II das Thema Rating in der (wirtschafts-)politischen ebenso wie in der wissenschaftlichen Diskussion. Die Intensität der Auseinandersetzungen variiert dabei zwar im Zeitablauf, aber ganzin den Hintergrund getreten ist die Thematik seit mindestens...

This paper proposes that risk aversion encourages individuals to invest in balanced skillprofiles, making them more likely to become entrepreneurs. By not having taken this possiblelinkage into account, previous research has underestimated the impacts both of risk aversionand balanced skills on...

How valuable is education for entrepreneurs’ performance as compared to employees’?What might explain any differences? And does education affect peoples’ occupationalchoices accordingly? We answer these questions based on a large panel of US labor forceparticipants. We show that education...

We examine whether founders backgrounds influence new firm survival in the early years after start-up. We develop hypotheses linking founders back-grounds to pre-entry capabilities associated with entrepreneurial human capital, highlighting the cases of spin-offs and habitual entrepreneurs. The...

This study is the first to examine the decision to re-enter business ownership by entrepreneurs who have exited their first business using a longitudinal matched employer-employee database. This kind of data allow us to distinguish between those serial entrepreneurs who re-enter business...

Motivated by differences in New-firm survival across regions, this paper explores the impact of regional human capital on New-firm survival rates. New-firm survival is interpreted through formation rates of surviving versus closed firms in the sevice sector...

This paper examines the impact of locational choice as a firm strategy to access knowledge spillovers from universities. Based on a large data set of young high-technology start-ups publicly listed in Germany, this study tests the propositions that geographic proximity to the university is...