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Business Cycles and Start-Ups Across Industries : An Empirical Analysis of German Regions

Konon, Alexander - 2018

We analyze whether start-up rates in different industries systematically change with business cycle variables. Using a unique data set at the industry level, we mostly find correlations that are consistent with counter-cyclical influences of the business cycle on entries in both innovative and...

Persistent link: https://www.econbiz.de/10012919510

Why Did Self-Employment Increase so Strongly in Germany?

Fritsch, Michael - 2015

Germany experienced a unique rise in the level of self-employment in the first two decades following unification … employees and the overall level of self-employment in West Germany, their explanatory power is much lower for the stronger … increase of solo self-employment and of self-employment in former socialist East Germany …

Persistent link: https://www.econbiz.de/10013028175

The Link between R&D, Innovation and Productivity : Are Micro Firms Different?

Baumann, Julian - 2016

We analyze the link between R&D, innovation, and productivity in MSMEs with a special focus on micro firms with fewer than 10 employees; usually constituting the majority of firms in industrialized economies. Using the German KfW SME panel, we examine to what extent micro firms are different...

Persistent link: https://www.econbiz.de/10012999002

Funding Self-Employment : The Role of Consumer Credit

Kneiding, Christoph - 2011

This paper investigates whether self-employed households use consumer loans – in particular instalment loans and overdrafts – to finance business activities. Controlling for financial and non-financial household variables we show that self-employed households particularly use personal...

Persistent link: https://www.econbiz.de/10013118523

Personality Characteristics and the Decision to Become and Stay Self-Employed

Caliendo, Marco - 2011

into self-employment and survival of self-employed persons in Germany. The empirical analysis reveals that among the …

Persistent link: https://www.econbiz.de/10013128222

Who Starts a Business and Who is Self-Employed in Germany

Fritsch, Michael - 2012

entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic … increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … Germany and to the shift to the service sector. We notice a yearly start-up rate of 1 percent among the working population …

Persistent link: https://www.econbiz.de/10013110854

Demand Side Analysis of Microlending Markets in Germany

Kritikos, Alexander - 2009

services exists. The present pilot study explores customer preferences for microlending products in Germany. Among the …

Persistent link: https://www.econbiz.de/10013158049

"I Want to, But I Also Need to" : Start-Ups Resulting from Opportunity and Necessity

Caliendo, Marco - 2010

When unemployed persons go into business, they often are characterized as necessity entrepreneurs, because push factors, namely their unemployment, likely prompted their decision. In contrast to this, business founders who have been previously employed represent opportunity entrepreneurs because...

Persistent link: https://www.econbiz.de/10013149521

Business Cycles, Unemployment and Entrepreneurial Entry : Evidence from Germany

Fritsch, Michael - 2014

what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany …

Persistent link: https://www.econbiz.de/10013061445

Risk Attitudes of Nascent Entrepreneurs : New Evidence from an Experimentally-Validated Survey

Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander - 2021

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

Persistent link: https://www.econbiz.de/10013317560