entrepreneur is therefore one of the main success factors for the firm. Yet entrepreneurs differ considerably in their background … firm development, though it is part of the firm’s human capital, too. Business failures, namely bankruptcies, may trigger … the transition from being a novice entrepreneur to becoming an entrepreneur who is entrepreneurially experienced. About 3 …

administrative German regions. We analyze the Statistic of Business Notifications and provide an extensive overview about start …-up activities of foreigners in the time period 2001-2005. Moreover we apply a count data model on the number of business … registrations in a particular region. We find that business foundations by foreigners are mainly enhanced by population growth, a …