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dc.contributor.authorMetzger, Georgen_US
dc.date.accessioned2009-02-16T14:58:10Z-
dc.date.available2009-02-16T14:58:10Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/24627-
dc.description.abstractEntrepreneurs are often faced with problems regarding start-up financing. But compared to novice entrepreneurs, experienced entrepreneurs should have both more knowledge and better contacts, which should potentially reduce the occurrence of problems and affect finance composition. However, experience of business failure might result in additional effects. This analysis therefore investigates the effects of experience on several aspects of start-up financing. It is based on data from the KfW Start-up Monitor, a representative annual survey of the German population. The results show that experience affects several financing issues. Yet the impacts depend on the kind of experience. With regard to previously failed entrepreneurs, who are of particular interest, the findings indicate that they cut back their financing demand and are more likely faced with problems satisfying this demand. However, previously failed entrepreneurs do not significantly differ in the sources they use to finance their businesses.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheim-
dc.relation.ispartofseriesZEW Discussion Papers 07-047 [rev.]en_US
dc.relation.isversionofhttp://hdl.handle.net/10419/24614-
dc.subject.jelM13en_US
dc.subject.jelL26en_US
dc.subject.jelG32en_US
dc.subject.ddc330en_US
dc.subject.keywordEntrepreneurial experienceen_US
dc.subject.keywordrestarten_US
dc.subject.keywordstart-up financingen_US
dc.subject.stwUnternehmensgründungen_US
dc.subject.stwFinanzierungen_US
dc.subject.stwUnternehmeren_US
dc.subject.stwBerufserfahrungen_US
dc.subject.stwKonkursen_US
dc.subject.stwRisikokapitalen_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleOn the Role of Entrepreneurial Experience for Start-up Financing: An Empirical Investigation for Germanyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn548816514en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:6650-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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