Fostering and supporting start-up businesses by unemployed persons has become anincreasingly important issue in many European countries. These new ventures are beingsupported by various governmental programs. Potential benefits include not only the end ofunemployment for the new entrepreneur but...

This paper empirically analyzes whether the character-based approach, which is based onthe personality structure and the human capital of business founders, allows prediction ofentrepreneurial success...

The influence of risk aversion on the decision to become self-employed is a much discussedtopic in the entrepreneurial literature. Conventional wisdom asserts that the role model of anentrepreneur requires to make risky decisions in uncertain environments and hence thatmore risk-averse...

Knapp zwei Jahre lang wurde im Auftrag des Bundesministeriums für Arbeitund Soziales die Wirksamkeit der Instrumente analysiert, die die KommissionModerne Dienstleistungen am Arbeitsmarkt im Jahre 2002 vorgeschlagenhatte, und die nachfolgend als „Hartz-Reformen“ umgesetzt worden...

Predicting entrepreneurial development based on individual and business-related characteristics is a key objective of entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent entrepreneurial development. In our analysis,...

Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the...

What makes the entrepreneurial personality is the key question we seek to answer in thespecial issue of the Journal of Economic Psychology on “Personality and Entrepreneurship”.The contributions are clustered around questions regarding the linkage between personality,socio-economic factors...

Experimental evidence reveals that there is a strong willingness to trust and to act in bothpositively and negatively reciprocal ways. So far it is rarely analyzed whether these variablesof social cognition influence everyday decision making behavior. We focus on entrepreneurswho are permanently...

Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household panel, we investigate to what extent personality traits, human capital, and the employment history influence the start-up decision and can explain the gender gap in...

As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important to better understand which variables influence the first hiring decision and which ones influence the subsequent survival as an employer. Using the German Socioeconomic Panel...