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New Publication: Entrepreneurship Perception during the first COVID-19 Shock

Jessica Birkholz published, in collaboration with Jarina Kühn, a discussion paper titled “Entrepreneurship Perception during the first COVID-19 Shock: Mental Representations of Entrepreneurship and Preferences of Business Models during the Pandemic” in the discussion paper series of the ierp (Institute for Economic Research and Policy).

Abstract: We examine the explicit business model preferences and implicit mental representations of entrepreneurship in the early phase of the crisis. We find that the crisis comes with adaptations in both. During crisis, society is open for new business models, even though people increasingly rely on established economic actors instead of opening up towards newly founded firms. We conclude that the early and sudden impact of the crisis influences the entrepreneurial culture onwards and therefore potentially future entrepreneurial activities.