Resource title

Are Young and Small Firms Hothouses for Nascent Entrepreneurs? Evidence from German Micro Data

Resource image

image for OpenScout resource :: Are Young and Small Firms Hothouses for Nascent Entrepreneurs? Evidence from German Micro Data

Resource description

Using a large recent representative sample of the German population this paper contributes to the entrepreneurship literature by empirically testing the hypothesis that young and small firms are hothouses for nascent entrepreneurs. The empirical estimation takes the rare events nature of becoming a nascent entrepreneur and the regional stratification of the sample into account. Controlling for various individual characteristics and attitudes (sex, age, risk aversion, presence of a role model in the family, and the width of professional background) we illustrate both the statistical significance and the economic importance for entrepreneurship of work experience in a firm that is both young and small.

Resource author

Joachim Wagner

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/20224

Resource license

Adapt according to the presented license agreement and reference the original author.