We study a unique sample of 1,547 nascent entrepreneurs in Germany and analyze which factors are associated with their start-up satisfaction. Our results identify a group of nascent entrepreneurs that 'cannot get satisfaction' with their start-up because they did not choose to become...

We study a unique sample of 1,547 nascent entrepreneurs in Germany and analyze which factors are associated with their self-reported satisfaction regarding their start-up. Our study identifies a new facet of procedural utility and offers new insights about the motivations and goals of nascent...

This paper analyzes the determinants of start-up satisfaction of nascent entrepreneurs. Using a large sample of nascent entrepreneurs in Germany, we identify a group of nascent entrepreneurs that “cannot get satisfaction” with their start-up, not because their start-up fails to deliver...

Bootstrap financing refers to measures that entrepreneurial ventures undertake to preserve li-quidity (e.g., reducing expenses, collecting receivables, delaying payments, preselling). Prior research shows that bootstrap financing is an important enabler for the growth of resource-constrained...

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instru-mental...

What factors shape an individual’s opinion on entrepreneurs? How do these factors differ across countries? This paper analyzes the relationship between socialist history and individuals’ opinions on entrepreneurs. Using a large-scale micro-level dataset from 30 European countries, we find...

Little is known about the relation between validated psychiatric symptoms scores and the entrepreneurial decision. Building on the Person-Environment (P-E) fit literature and using data of over 10,000 students, we test whether individuals with higher levels of attention deficit and hyperactivity...

Previous research has focused on national culture as a determinant of entrepreneurship. However, little is known regarding the effect of national culture on modes of entry into entrepreneurship (starting versus taking over a business). Using a unique data set from 3,489 individuals in 34...

We analyze the initial IP applications of 4,703 start-ups in the US, distinguishing between trademark and patent applications. Our empirical results show that start-ups are more likely to file for trademarks instead of patents when entering markets with a higher market concentration....