Thema Unternehmen

Self-Efficacy and Entrepreneurial Performance of Start-Ups

Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the influence of the task-related construct of entrepreneurial self-efficacy, we take a different perspective and ...

Pandemic Depression: COVID-19 and the Mental Health of the Self-Employed

We investigate the effect of the COVID-19 pandemic on self-employed people’s mental health. Using representative longitudinal survey data from Germany, we reveal differential effects by gender: whereas self-employed women experienced a substantial deterioration in their mental health, self-employed men displayed no significant changes up to early 2021. Financial losses are important in explaining these ...

Remunicipalization, Corporatization, and Outsourcing: The Performance of Public-Sector Firms after Reorganization

This article investigates the impact of reorganization on productivity within public-sector firms addressing the owners' composition, the board-management relationship, and the management's decision to outsource activities. Considering a large panel of 2,325 German municipally owned utilities between 2003 and 2014, firm-level productivity is estimated based on a control function approach. Contrary ...

A Lasting Crisis Affects R&D Decisions of Smaller Firms: The Greek Experience

We use the prolonged Greek crisis as a case study to understand how a lasting economic shock affects the innovation strategies of firms in economies with moderate innovation activities. Adopting the 3-stage CDM model, we explore the link between R&D, innovation, and productivity for different size groups of Greek manufacturing firms during the prolonged crisis. At the first stage, we find that the ...

The Emission Intensity Effect: Carbon Border Adjustments in the Presence of Heterogeneous Firms

In the absence of globally coordinated action to combat climate change, governments are concerned that ambitious carbon pricing could harm the competitiveness of emission-intensive industries. A prominent measure to prevent that manufacturing producers relocate to countries with laxer environmental regulation are carbon border adjustments often referred to as carbon tariffs. Several studies have...

Corona-Hilfe wirkt bei digitalisierten Unternehmen: Animierte Infografik

The Good, the Bad and the Ugly Role of Institutions for High Growth Firms in European Regions

High growth firms are high on the policy agenda as empirical evidence consistently shows that they disproportionately contribute to economic growth via net job creation. Several innovation scholars analyze how high growth entrepreneurship responds to the local enabling environment, such as institutional and framework conditions. However, the majority of these studies look at the role of formal...

Sponsored Search: How Platforms Exacerbate Product Market Concentration

How does online advertising affect consumer behaviour, product pricing and competition? To analyse this, I develop a theory of digital markets where an intermediary provides a platform for firms to advertise their product and where consumers need to engage in costly search if they want to learn about the product characteristics. First, I show that when prices are observable...

Companies hiring refugees

Beschäftigung von Geflüchteten macht Unternehmen produktiver und attraktiver

Befragung von 100 mittleren und großen Unternehmen in Deutschland untersucht Integration Geflüchteter auf dem Arbeitsmarkt – Anstellung von Geflüchteten verbessert Mitarbeiterzufriedenheit, Attraktivität der Unternehmen und unternehmerische Entwicklung – Potenzial für Selbstständigkeit bleibt unter Geflüchteten nahezu ungenutzt Die Anstellung Geflüchteter ...