Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/32601 
Year of Publication: 
2010
Series/Report no.: 
Jena Economic Research Papers No. 2010,025
Publisher: 
Friedrich Schiller University Jena and Max Planck Institute of Economics, Jena
Abstract: 
This paper investigates economic and subjective effects of public business assistance delivered to nascent entrepreneurs in Germany. Employing cluster analysis, we explore the actual scope and intensity of business assistance used. Then we analyze predictors of take-up and perceived usefulness taking into account the different patterns of utilized assistance. Finally, we assess economic effects by studying subsequent business performance employing propensity score matching. We cannot reveal that business assistance translates into better start-up performance. However, we find that a lack of personal entrepreneurial resources predicts take-up of business assistance in general as well as perceived usefulness of comprehensive business assistance.
Subjects: 
entrepreneurship
business assistance
policy evaluation
entrepreneurial resources
big five
JEL: 
O38
L26
H59
Document Type: 
Working Paper

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