Dieser Aufsatz untersucht die wirtschafts- und unternehmensethischen Arbeiten vonWilliam Baumol und rekonstruiert seine ökonomische Erklärung für die spektakulärenWachstumserfolge westlicher Marktwirtschaften.

Dieser Beitrag skizziert eine „conceptual history“ der modernen Gesellschaft. Er unterscheideteine malthusianische Stagnationsphase und eine postmalthusianische Wachstumsphaseder Weltwirtschaftsgeschichte und entwickelt anhand eines Modells zur Interdependenzwirtschaftlicher und politischer...

This paper examines the relationship between business dynamics (entry and exit of firms) and employment growth at the country-industry level. We use a cross-country data set with harmonized data on numbers of entries and exits for a selection of fast-growing and innovative industries in six...

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...

Using a data set of the firms listed on the Neuer Markt in Germany, this paper demonstrates that venture backed firms differ from firms with other financial resources, especially debt. Thus, the results of this study provide evidence for the hypothesis that small and innovative firms are more...