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Start-Ups by the Unemployed: Characteristics, Survival and Direct Employment Effects Author info | Abstract | Publisher info | Download info | Related research | Statistics Marco Caliendo ()
Alexander S. Kritikos ()
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Supporting start-ups by unemployed persons with governmental programs became an important issue as benefits could include termination of unemployment and further job creation. However, it is feared that previously unemployed lack qualifications for entrepreneurship. We analyze potential effects based on a data-set containing a representative sample of 3,100 start-ups founded by unemployed in Germany. We find that these founders are motivated by push and pull factors. Using a proportional hazard duration model with unobserved heterogeneity allows us to analyze the characteristics which drive success of the businesses. While survival rates are high, the characteristics of the developed businesses are heterogeneous.
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Paper provided by Hanseatic University, Germany, Department of Economics in its series Working Papers with number
008.
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Length: 34 pages
Date of creation: Apr 2008Date of revision:
Handle: RePEc:phu:wpaper:008Contact details of provider: Web page: http://www.hanseuni.com
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Caliendo, Marco, 2008.
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"Is Entrepreneurial Success Predictable? An Ex-Ante Analysis of the Character-Based Approach ,"
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Marco Caliendo & Alexander S. Kritikos, 2006.
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