The swift and thorough privatization of eastern Germany did not emanate solely from the West German Federal Republic. This book explores actors from abroad – mainly from western Europe – in four functions: as investors, as advisors and capital providers, and as co-decisionmakers on...

The answer is yes to both. For decades, research on entrepreneurship culture has relied on two competing theoretical foundations for the important concept of entrepreneurship culture. One camp views entrepreneurship culture as an aggregate of personality traits conducive for entrepreneurship....

This paper investigates the long-run nexus between wealth inequality and aggregate output using a DSGE model in which wealth inequality endogenously affects individual entrepreneurship incentives, thereby influencing aggregate output. Our model passes the indirect inference test against the UK...