forgiving personal bankruptcy law are less relevant for wealthy potential. - entrepreneurs who still risk losing their wealth …A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in … entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy …

behavior. We focus on entrepreneurs who are permanently facing exchange processes in the interplay with investors, sellers, and … reciprocity influence the exit probability of entrepreneurs; and iii) willingness to trust and to act reciprocally influences the … entrepreneurial development. Interestingly, entrepreneurs are more trustful than employees, but much less trustful than managers. …

discuss the implications for entrepreneurship policy that can be derived from our findings. -- Entrepreneurship ; new business … formation ; innovative industries ; regional development ; entrepreneurship policy …

results depend on the underlying definition of innovation, as robustness checks show. -- entrepreneurship ; innovation …This paper investigates whether entrepreneurs with technical education are more innovative in high-tech industries than … economists. The main contribution to the literature is in using the type of education as main explanatory variable for innovation …

discuss the implications for entrepreneurship policy that can be derived from our findings. -- Entrepreneurship ; new business … ; formation ; innovative industries ; regional development ; entrepreneurship policy …

We investigate the role of entrepreneurship culture and the historical knowledge base of a region on current levels of … indicates the prevalence of a regional culture of entrepreneurship. Moreover, local presence and geographic proximity to a …