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- W2893983020 abstract "We investigate how institutional change, specifically, the transition from a socialist system to a western-type market economy, relates to the re-emergence of entrepreneurship in East Germany. This region is particularly well suited for such a study because of the rapid change of the institutional framework and the possibility of using West Germany as a benchmark. It took about 15 years for self-employment levels in East Germany to reach those of West Germany. Despite this catch up, we find a number of peculiarities in East German self-employment and new business formation that appear to be a continuing legacy of the socialist period. There is also a considerable correspondence of the regional levels of entrepreneurship before, during and after the socialist period, suggesting the existence of a long lasting regional entrepreneurship culture that can be regarded as an informal institution. This is in line with the hypothesis that informal institutions change much more slowly than formal institutions." @default.
- W2893983020 created "2018-10-05" @default.
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- W2893983020 date "2018-09-26" @default.
- W2893983020 modified "2023-09-27" @default.
- W2893983020 title "The Case of East Germany" @default.
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- W2893983020 doi "https://doi.org/10.1007/978-3-319-97782-9_5" @default.
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