English, Article, Journal or magazine article edition: The Shadows of the Past - How Implicit Institutions Influence Entrepreneurship Stefan Bauernschuster; Oliver Falck; Robert Gold; ...

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/939
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Shadows of the Past - How Implicit Institutions Influence Entrepreneurship
Author
  • Stefan Bauernschuster
  • Oliver Falck
  • Robert Gold
  • Stephan Heblich
Physical Description
  • preprint
Notes
  • This paper investigates the impact of implicit institutions on the decision to become an entrepreneur. Implicit institutions are here defined as mindsets that have developed as the result of norms and traditions and we expect they will have an influence on risk attitudes and opportunity recognition. We conduct a natural experiment based on Germany's recent history and compare individuals born and raised in the former socialist East Germany (GDR) with their West Germany (FRG) counterparts. Our analysis confirms the expected difference in values between individuals from East and West Germany and also shows that these differences influence the probability of being self-employed. In the process of our analysis, we also sketch the ongoing economical transition process in East Germany, which severely disturbs a proper analysis of the institutional differences from a macro-perspective.
  • Implicit Institutions, Entrepreneurship, Socialism, Capitalism
  • RePEc:jrp:jrpwrp:2009-044
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment