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...

We employ agency theory to argue that the effects of family (and founder) ownership versus management will be quite different: the former is expected to contribute positively to performance, the latter is argued to erode performance. Previous studies, due to problems of multicollinearity have...

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 start-up was founded out of necessity. Our results, based on a representative data set of 4,568 German...

Die Untersuchung widmet sich der Frage, wie sich die Biografien von Menschen gestalten, deren Familien über Generationen hinweg in Armut verbleiben. Dazu gibt sie detaillierte Einblicke in das Leben von Familien im ALG II-Bezug und spürt rekonstruktiv den individuellen Zusammenhängen der...