that, after the Reunification, entrepreneurship is higher among the residents of East German regions with West TV signal …

compatible with the free-market economy principles and supportive of entrepreneurship. We show that during the 40 years of … socialistic regime in East Germany entrepreneurship was highly regulated and virtually impossible and that the prevalent formal … and informal institutions broke the traditional ties linking entrepreneurship to the characteristics of individuals so …

into entrepreneurship. Further, entrepreneurs are more likely to hire, the higher they score in risk tolerance, trust … entrepreneurship since 2000 and shows that possessing certain personality characteristics will make it more likely that an individual … effects" are found, explaining why some entrepreneurs subsequently exit again the market. …