TY  - RPRT
        AU  - Kohn, Karsten
AU  - Wewel, Solvejg A.
        TI  - Skills, Scope, and Success: An Empirical Look at the Start-up Process in Creative Industries in Germany
        PY  - 2018/Jun/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11650
        UR  - https://www.iza.org/index.php/publications/dp11650
        AB  - Creative industries comprise enterprises focusing on the creation, production, and distribution of creative or cultural goods and services. Following an explorative empirical approach, we analyze start-ups in creative industries regarding three issues along the start-up process: (1) personal characteristics of creative entrepreneurs, (2) their use of labor and capital as input factors, and (3) start-up success as measured by start-up survival, degree of innovativeness, and change in household income.
Based on individual-level data from the KfW Start-up Monitor, a large-scale survey on entrepreneurship in Germany, our regression results show that entrepreneurs in creative industries tend to be younger and better educated than entrepreneurs in other economic sectors. Businesses in creative industries are prevalently started on a small scale, as part-time occupations, and with less financial resources. Yet they show a higher persistence and an above-average degree of innovativeness.
        KW  - creative industries
KW  - cultural industries
KW  - entrepreneurship
KW  - business start-ups
KW  - start-up decision
KW  - start-up success
KW  - innovation
        ER  -