When the source of external capital for Continental European firms is examined, debt markets have historically supplied a much larger percentage of the external capital than equity markets, and firms rely much more on bank debt than bonds for their external funds. In this environment banks have...

Österreich und Deutschland sind nicht nur Nachbarländer sondern auch in der Geschichte Mitteleuropas historisch eng verbunden - so sehr, daß Österreicher und Deutsche neben der gemeinsamen Sprache auch wichtige Grundüberzeugungen politischer, sozialer und kultureller Art teilen. Trotzdem...

"There is a large body of literature on the determinants of regional variation in new firm formation. In contrast there are few articles on the spatial differences in new firm survival. Using panel data we analyse both items for 74 western German regions over a ten-year period. The positive...

"This paper focuses on the question of whether improving the competence of new business founders through programs that offer external expertise enhances the duration of self-employment. In our analysis, we focus on three different programs that are provided along with a financial subsidy and...

"This paper focuses on the question of whether improving the competence of new business founders by means of coaching and training programs enhances the duration of self-employment. In our analysis we focus on support activities that are provided in addition to a financial subsidy and which...