Michael Wyrwich

TL;DR: Fritsch et al. as discussed by the authors investigated the persistent levels of self-employment and new business formation in different time periods and under different framework conditions, and found that regional differences regarding the level of selfemployment and business formation tend to be persistent for periods as long as eighty years, despite abrupt and drastic changes in the political-economic environment.

TL;DR: In this paper, the authors apply an extended sender-receiver model to find evidence that observing entrepreneurs reduces fear of failure in others in environments where approval of entrepreneurship is high, while this effect is significantly weaker in low-approval environments.

TL;DR: In this article, the authors use the historical self-employment rate as an indicator of a regional culture of entrepreneurship and take it as an instrument to analyze the effect of entrepreneurship on economic growth in recent periods.

TL;DR: This article analyzed the long-term imprinting effect by using the distance to coalfields as an exogenous instrument for the regional presence of large-scale industries and found that British regions with high employment shares of large scale industries in the 19th century, due to their spatial proximity to coal mines, have lower entrepreneurship rates and weaker entrepreneurship culture today.

TL;DR: This paper analyzed the long-term imprinting effect by using the distance to coalfields as an exogenous instrument for the regional presence of large-scale industries and found that British regions with high employment shares of large scale industries in the 19th century, due to their spatial proximity to coal mines, have lower entrepreneurship rates and weaker entrepreneurship culture today.