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There have been significant changes in the financing of early-stage innovative companies since the beginning of this decade. The importance of institutional venture capital funds' investments declined in financing startups and early-stage ventures. At the same time, alternative sources of...
Persistent link: https://www.econbiz.de/10012290301
Finance for micro, small, and medium-sized enterprises (MSMEs) has been a concern for all stakeholders including entrepreneurs, financial institutions, and government organizations. The key objective of the study was to identify various challenges faced by MSMEs in sourcing of finance during...
Persistent link: https://www.econbiz.de/10011653783
Drawing on representative household data from the German Socio-Economic Panel, we examine the role of an early precursor of entrepreneurial development - parental role models - for the individual decision to become self-employed in the post-unified Germany. The findings suggest that the...
Persistent link: https://www.econbiz.de/10010291817
and drastic changes in the politic-economic environment. We thus conclude that regional entrepreneurship cultures do exist …
Persistent link: https://www.econbiz.de/10010291827
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/10010291841
In this paper I analyse how individuals match for for the purpose of setting up a new firm. As a theoretical basis I use the O-ring theory introduced by Kremer (1993) and applied to new firms by Fabel (2004). The O-ring theory predicts that individuals segregate between firms according to their...
Persistent link: https://www.econbiz.de/10010298694
In this paper, I analyse how the survival of new firms is affected by the average ability level in the founding team, the team size, team members' homogeneity with respect to ability, and team members' heterogeneity with respect to education. As a theoretical basis, I apply the O-ring theory...
Persistent link: https://www.econbiz.de/10010298851
member states, different institutional infrastructures for entrepreneurship. Based on a harmonized dataset, our results …
Persistent link: https://www.econbiz.de/10010299472
In this paper we shed light on the relationship between labor market policy, entrepreneurship and youth unemployment …
Persistent link: https://www.econbiz.de/10011304527
results of the theoretical and empirical literature on entrepreneurship. Cluster Analysis serves to compare different regions …
Persistent link: https://www.econbiz.de/10011332545