Abstract
The underlying problem of this study is that many young and innovative companies fail and become bankrupt within their first years. This has been empirically proven by many different research studies on entrepreneurship such as the Global Entrepreneurship Monitor (GEM) Germany (Sternberg/Vorderwülbecke/Brixy 2014) or the ‘KfW-Gründungsmonitor 2014’ (Metzger 2014). It is clear that many young companies fail within the first few years after they are founded. According to the GEM the fear of failing in Germany is much higher than in other developed countries, significantly harming entrepreneurial activities.
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© 2017 Springer Fachmedien Wiesbaden
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Weber, E. (2017). Introduction. In: Advisory Boards in Startups. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-15340-3_1
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DOI: https://doi.org/10.1007/978-3-658-15340-3_1
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Publisher Name: Springer Gabler, Wiesbaden
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Online ISBN: 978-3-658-15340-3
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