An introduction to the concept ofentrepreneurship capital is provided, with an emphasis on its influence onregional economic performance. Entrepreneurship capital is defined as thecapacity of a society to produce new firms. It involves creative individualsneeded to create new firms, a regional...

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 counterpart of the NASDAQ, our results differ from studies on more traditional...