We conduct a randomized experiment in Sri Lanka to measure the impact of the most commonly used business training course in developing countries, the Start-and-Improve Your Business (SIYB) program. In contrast to existing business training evaluations which are restricted to microfinance...

Die Gründung eines Unternehmens kann elementare Veränderungen in bestehenden wirtschaftlichen Prozessen und Strukturen nach sich ziehen (vgl. Schumpeter 1934, S. 99f.). Jedoch erfolgen solche Veränderungen oftmals nicht problemlos. So können sich etablierte Branchen sowie das institutionelle...

Die Gründer junger innovativer Unternehmen sind die Initiatoren eines unternehmerischen Prozesses, der in die Entwicklung bedeutender Innovationen, Wachstumsimpulse und in die Schaf-fung neuer Arbeitsplätze münden kann. Zugleich wird die Sterblichkeit dieser jungen Unterneh-men in den ersten...

This paper reviews research findings on entrepreneurial top management teams within the last 20 years. It concentrates on team-based management factors and their influence on a new venture's growth and ability to raise capital. This paper integrates recent findings and provides an overview of...

There is a large body of literature on the determinants of regional variation in new firm formation. In contrast there are few articles on the spatial differences in new firm survival. Using panel data we analyse both items for 74 western German regions over a ten-year period. The positive...

We analyze the rate of formation, the characteristics, and the performance of different types of new firms in Sweden over a decade. Comparisons to Denmark, Brazil, and the U.S. suggest that the environment for new firm formation in Sweden is not markedly different than elsewhere. In line with...

Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship without directing attention to quantitative goals and specific firms or employment groups. The institutional framework set by public policy affects the prevalence and performance...

Ziel des Beitrags ist eine empirische Analyse der Bedeutung möglicher Determinanten des Überlebens von Neugründungen in der badenwürttembergischen Industrie in der Zeit von 1981 bis 1994. Für die Studie wurden erstmals Daten der amtlichen baden-württembergischen Industriestatistik auf der...

Recent studies show that the likelihood of survival differs significantly across firms. Both firm and industry characteristics are hypothesized to account for this heterogenity. Using a longitudinal database of manufacturing firms we investigate whether firm or industry characteristics dominate....

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...