Many entrepreneurs who close a business are actually willing to venture anew. However, to realize a restart is not only a matter of willingness on the part of the entrepreneur but also of its feasibility. Regarding the feasibility of a restart, the aspect of capital acquisition might be...

The aim of this paper is to analyze the effect of entrepreneurial experience on firm growth. According to the human capital theory, individuals who have higher ‘human capital’ are more successful than others. Entrepreneurial experience is a kind of human capital and, therefore, should affect...

The analysis in this paper gives attention to effects on firm survival which come from entrepreneurial experience. It is likely that different kinds of experience result in different firm developments and therefore in different types of firm exit. Particular emphasis is placed upon the effects...

Entrepreneurs are often faced with problems regarding start-up financing. But compared to novice entrepreneurs, experienced entrepreneurs should have both more knowledge and better contacts, which should potentially reduce the occurrence of problems and affect finance composition. However,...

Entrepreneurs are often faced with problems regarding start-up financing. But compared to novice entrepreneurs, experienced entrepreneurs should have both more knowledge and better contacts, which should potentially reduce the occurrence of problems and affect finance composition. However,...

The analysis in this paper gives attention to effects on firm survival which come from entrepreneurial experience. It is likely that different kinds of experience result in different firm developments and therefore in different types of firm exit. Particular emphasis is placed upon the effects...

This paper explores how different reasons for business closure impact the probability that financial loss will be suffered by creditors. Using German small business data, the study finds that business closure due to financial problems is strongly correlated with a likelihood of financial loss....

Der direkte Bruttobeschäftigungsbeitrag von Unternehmensgründungen ist beträchtlich. Im Durchschnitt der Jahre 1997 - 2003 wurden pro Jahr in Summe aller Wirtschaftszweige rund 625.000 Arbeitsplätze durch neu gegründete Unternehmen geschaffen, das entspricht rund 2 v.H. der in diesen...

Im Regionenvergleich liegt die Region München bei der High-Tech-Gründungs - intensität in den Sektoren Industrie und Dienstleistungen seit Jahren unangefochten an der Spitze. Im industriellen High-Tech-Sektor zählen die Regionen Nürnberg und Hamburg zu den Aufsteigern. Ihre Entwicklung ist...