Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/21298 
Authors: 
Year of Publication: 
2005
Series/Report no.: 
IZA Discussion Papers No. 1522
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Based on data from a recent representative survey of the adult population in Germany this paper documents that the patterns of variables influencing nascent and infant entrepreneurship are quite similar and broadly in line with our theoretical priors – both types of entrepreneurship are fostered by the width of experience and a role model in the family, and hindered by risk aversion, while being male is a supporting factor. Results of this study using cross section data are in line with conclusions from longitudinal studies for other countries finding that between one in two and one in three nascent entrepreneurs become infant entrepreneurs, and that observed individual characteristics – with the important exception of former experience as an employee in the industry of the new venture - tend to play a minor role only in differentiating who starts and who gives up.
Subjects: 
nascent entrepreneurs
infant entrepreneurs
Germany
JEL: 
J23
Document Type: 
Working Paper

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