Support schemes for unemployed aiming for self-employment have been recently reformedseveral times. In 2003, the start-up subsidy was added to the existing bridging allowance...

This paper empirically analyzes whether the character-based approach, which is based onthe personality structure and the human capital of business founders, allows prediction ofentrepreneurial success...

The influence of risk aversion on the decision to become self-employed is a much discussedtopic in the entrepreneurial literature. Conventional wisdom asserts that the role model of anentrepreneur requires to make risky decisions in uncertain environments and hence thatmore risk-averse...

Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household panel, we investigate to what extent personality traits, human capital, and the employment history influence the start-up decision and can explain the gender gap in...

"The promotion of business start-ups by formerly unemployed individuals has become an increasingly important instrument of German active labour market policy (ALMP) in recent years. With the introduction of the start-up subsidy (Existenzgründungszuschuss) on 1.1.2003 unemployed individuals who...

Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...

Based on a large, representative German household panel, we investigate to what extent the personality of individuals influences the entry decision into and the exit decision from self-employment. We reveal that some traits, such as openness to experience, extraversion, and risk tolerance affect...

Mit Einführung der Ich-AG im Jahr 2003 stieg die Zahl der geförderten Gründungen aus Arbeitslosigkeit auf ein nie gekanntes Niveau. Bis Mitte 2006 wurde insgesamt rund eine Million Gründungen gefördert, davon knapp 400.000 Ich-AGs mit dem Existenzgründungszuschuss (ExGZ). Zugleich wurden...

The promotion of business start-ups by formerly unemployed individuals has become an increasingly important instrument of German active labour market policy (ALMP) in recent years. With the introduction of the start-up subsidy (Existenzgründungszuschuss) on 1.1.2003 unemployed individuals who...

Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...