Abstract

Due to demographical changes, securing succession in family businesses will become increasingly challenging in Germany. In order to prevent economic losses, it is important to tap the full potential of successors. Since in Germany the female share of successors lies clearly below the female share of founders, women are seen as underutilized potential. Considering this, the question arises why, compared to men, women seem to prefer starting a new business to taking over an existing one. Thus, our goal is to analyze the role of entrepreneurs’ sex in choosing the mode of business entry and to investigate the underlying reasons.

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