Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/95908
Authors: 
Oberschachtsiek, Dirk
Year of Publication: 
2014
Series/Report no.: 
University of Lüneburg Working Paper Series in Economics 293
Abstract: 
In this paper, we study the intertemporal relations within two phases of the venture creation process based on data from administrative data sources. By distinguishing a pre- and post-period, we address two major issues: (1) we identify which factors make people wait to start a venture, and (2) we investigate the outcome of waiting on business longevity. Using survival modeling techniques, we find support for the hypothesis that regional economic conditions have a significant but complex effect on the delay of entries. Furthermore, we find that waiting is initially beneficial for self-employment duration but that this effect is not beneficial for longer periods of waiting.
Subjects: 
waiting time periods
self-employment
duration model
survival
JEL: 
L27
M13
C41
Document Type: 
Working Paper

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