The level of entrepreneurship differs considerably across countries and periods. Both thecauses and consequences of entrepreneurship are a matter of extensive scientific debate aswell as of great policy importance. A high level of entrepreneurial activity is assumed andshown to contribute to...

The scholarly literature often distinguishes between so-called opportunity and necessity entrepreneurship and between ‘‘pull’’ and ‘‘push’’ motivations. Despite the pervasive use of this terminology, empirical analyses are mostly based on a single country. The present paper...

The relationship betwwen outcome status and encountered problems in the business start-up process is investigated. Contrary to expectations, we find that starter do not substantially differ from quitters in the number and type of problems encountered, and that problems encountered generally do...