TY - JOUR

T1 - Taking a second chance

T2 - entrepreneurial re-starters in Germany

AU - Wagner, Joachim

PY - 2003

Y1 - 2003

N2 - Folklore has it that the comparatively low proportion of self-employed in Germany in in part due to a habit that might be termed "stigmatisation of failure": taking a second chance to build one's own firm after failing as a self-employed person is said to be much more difficult here than in other countries. This paper uses data from a large recent survey in ten German planning regions to document that 18% of today's firm owners founded a firm in the past that went out of business, and that 8% of people whose former firm went out of business are actively engaged in starting a new business today...

AB - Folklore has it that the comparatively low proportion of self-employed in Germany in in part due to a habit that might be termed "stigmatisation of failure": taking a second chance to build one's own firm after failing as a self-employed person is said to be much more difficult here than in other countries. This paper uses data from a large recent survey in ten German planning regions to document that 18% of today's firm owners founded a firm in the past that went out of business, and that 8% of people whose former firm went out of business are actively engaged in starting a new business today...

KW - Economics

KW - Deutschland

KW - Entrepreneurship

KW - Selbständiger

M3 - Journal articles

VL - 49

SP - 255

EP - 272

JO - Applied Economics Quarterly

JF - Applied Economics Quarterly

SN - 1611-6607

IS - 3

ER -