Start-Ups by Professions and Entrepeneuers - A Microanalysis Based on the German Socio Economic Panel

Abstract:     
Objective of the investigation is to point out the characteristics and determinants for a business startup of liberal professions and entrepreneurs (other self-employed) in the Federal Republic of Germany based on the socio-economic panel (SOEP) for the years 1991 to 2001. Over 1.500 establishments, pooled during the observation period, are examined of which 459 are liberal professions. The empirical method used is logistic regression. Clear differences between the group of liberal professions and entrepreneurs could be determined. The results show that the group of liberal professional startups differ significantly compared to entrepreneurial startup according to the personal characteristics, the microsocia l environment and the human capital.

Note: Downloadable document is in German.

Number of Pages in PDF File: 34

Keywords: Start-ups, self-employed, liberal professions, Socio-Economic Panel

JEL Classification: J23, J24

working papers series