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The COVID-19 pandemic severely affected not only incumbent firms, but also the emergence of start-ups. This paper investigates and analyzes the pandemic's effect on new business formation, as well as business exits and insolvencies, in Germany. We find that the overall level of business...
Persistent link: https://www.econbiz.de/10012626195
We describe and compare the development trajectories of two German regions, South Saxony and Mecklenburg, with a special focus on entrepreneurship and innovation. South Saxony has a long history of self-employment and knowledge generation that results in a persistent culture of innovative...
Persistent link: https://www.econbiz.de/10013471888
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We describe and analyze the long-term development of self-employment in German regions between 1895 and 2019. Based on rankings ("league tables") for the two years we identify those regions where the relative level of self-employment significantly increased ('leapfroggers'), and those where the...
Persistent link: https://www.econbiz.de/10014467308
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We explore the role of different types of self-employment for a persistence of the regional level of entrepreneurship over time. Our analysis for West German regions shows relatively strong effects for the historical self- employment rate in the non-agricultural sector, particularly in...
Persistent link: https://www.econbiz.de/10011288768
Being a "jack-of-all-trades" increases the probability of running an entrepreneurial venture successfully; but what happens to "jack-of-few-trades" who lack sufficient skills? This paper investigates a possible compensation mechanism between balanced skills and cities, and how this compensatory...
Persistent link: https://www.econbiz.de/10009723599
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This paper summarizes the role of entrepreneurship in the East German transformation process that followed the breakdown of the socialist regime and subsequent unification with West Germany. The main aim of this exercise is to derive conclusions and recommendations for a potential unification of...
Persistent link: https://www.econbiz.de/10011562594