Aufgrund des demografischen Wandels und sinkender Budgets wird es zwar immer schwieriger, eine adäquate Infrastruktur im ländlichen Raum zu gewahrleisten, doch existieren bereits neue kooperative Losungsansätze und Finanzierungsmodelle. Die wichtigste Rolle nimmt dabei die aktive...

Our analysis of the survival of firms leads to the important result that the hypotheses about differences between various industries in the life duration of new firms and about the importance of the region of location for the probability of survival are confirmed. Many more enterprises are...

This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity involves risk. On the one hand, the risk of firm owners is limited if their liability is limited. On the other hand credits will be more difficult to receive if liability is limited....