The focus of this paper is on the choice of the unemployed between becoming an entrepreneur or not. It contributes to the literature by empirically investigating two hitherto neglected issues: What is the impact of risk aversion and personal contact with a role model in shaping the decision to...

When unemployed persons go into business, they often are characterized as necessity entrepreneurs, because push factors, namely their unemployment, likely prompted their decision. In contrast to this, business founders who have been previously employed represent opportunity entrepreneurs because...

Das Institut für Mittelstandsforschung (IfM) Bonn hat im Auftrag der Gesellschaft für innovative Beschäftigungsförderung mbH G.I.B. die von der G.I.B. begleiteten Gründungen evaluiert. Rund 3.800 Gründungswillige haben in den Jahren 2004 bis 2007 an den G.I.B. Gründungs- und...

The focus of this paper is on the choice of the unemployed between becoming an entrepreneur or not. It contributes to the literature by empirically investigating two hitherto neglected issues: What is the impact of risk aversion and personal contact with a role model in shaping the decision to...