We study the implications of ownership and its induced incentives on firm survival on the stock market for young and high‐tech firms. Using a unique data set of all 341 firms listed on the Neuer Markt , the German equivalent of the NASDAQ, our results differ from studies on more traditional...

This book covers key topics in entrepreneurship, including entrepreneurial behavior, risk and opportunity recognition, equity financing, business culture and strategy, innovation, and the impact of entrepreneurship on economic growth and development.

One of the obstacles for understanding the phenomenon of entrepreneurship is the lack of integration of different assumptions, units and levels of analysis that are implicit in its many conceptualisations. This important book offers a pathway to integration by considering eight associated...