Many start-ups chose to compete with incumbent firms using one of two generic strategies: cost leadership or differentiation. Our study demonstrates how this choice depends on whether the startup was founded out of necessity. Our results, based on a representative data set of 4,568 German...

Corporate income taxation influences the quantity and type of entrepreneurship, which in turn affects economic development. Empirical evidence shows that higher corporate income tax rates reduce business density and entrepreneurship entry rates and increase the capital size of new firms. The...

Part-time entrepreneurship is often a first step toward full-time entrepreneurship. This study investigates the transition from part- to full-time entrepreneurship. We analyze how financial and non-financial motives of part-time entrepreneurs influence the intention to become full-time...

Work-life balance of entrepreneurs is a topic of high interest in both theory and practice. However, empirical findings are rare and often contradictory. This study investigates the work-life balance of different groups of self-employed in comparison to wage-employed individuals using a large...