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Whilst internationally, the Mittelstand in Germany is admired and many countries try to emulate it, the current debate … in Germany praises the Silicon Valley model of entrepreneurship, contrasting the Mittelstand as low-growth, low-tech and … non-innovative - in short: as a hindrance to Germany's economic future. We therefore ask whether the Mittelstand actually …
Persistent link: https://www.econbiz.de/10011977405
The present article links business takeovers to the literature on serial autocorrelation of growth rates. The aim of the study is to identify the effects of successions on the performance of small German firms by analysing the growth pathways over a period of eight years after business takeover....
Persistent link: https://www.econbiz.de/10011637831
Our explorative study analyses the factors that affect the likelihood of German companies to be a hidden champion. Based on an econometric estimation model with quantitative data from 60 hidden champions and 346 non-hidden champions, we could confirm prior research findings that specific...
Persistent link: https://www.econbiz.de/10011533774