Entrepreneurial Behavior and Financing Structures in the German Creative Industries

Elmar D. Konrad ()
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Elmar D. Konrad: Hochschule Mainz, Institut für unternehmerisches Handeln

A chapter in Entrepreneurship in Culture and Creative Industries, 2018, pp 25-43 from Springer

Abstract: Abstract In Germany, the cultural and creative industries belong to the highest start-up and self-employment orientated sectors and are currently strongly characterized by new market entrants. The object of the chapter is to give a very detailed overview of finance behavior and financing structures of start-ups, in particular of young growth-oriented and established firms in creative industries, based on a very high sampled empirical data study in Germany. By linking the applied research areas of cultural entrepreneurship and start-up financing, it should also provide an understanding of entrepreneurial success in terms of individualized financing structure and its critical factors. Furthermore, in this context, an extended base model can be developed to substantiate theoretical frameworks for the identification and evaluation of factors supporting the success of the financial structures of start-ups within the cultural and creative industries. The discussion of the results will be integrated into concrete implications and recommendations for activities or guidelines for cultural entrepreneurs and financing actors and for a regulatory policy to promote the cultural and creative industry sector.

Keywords: Cultural and creative entrepreneurs; Lecturers for business planning in arts and creative sector; Foundation consultants and actors of regional economic policy (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fgfchp:978-3-319-65506-2_3

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DOI: 10.1007/978-3-319-65506-2_3

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