Petrik Runst
Biographic Data
| ID | 712484 |
|---|---|
| NAME | Petrik Runst |
| GIVEN NAMES | Petrik |
| FAMILY NAME | Runst |
| SIGNATURE | RUNST P |
| AFFILIATIONS | Institute for Small Business EconomicsGeorg-August-University Göttingen37073 GöttingenGermany |
| ORCID | 0000-0003-2483-9081 |
| VERIFIED | Yes |
| TOTAL WORKS | 6 |
| TOTAL CITATIONS | 6 |
| AUTHOR COUNT | 6 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2013 |
| LATEST PUBLICATION YEAR | 2025 |
| H-INDEX | 2 |
The R&D risk-return trade-off
Previous studies have established that young innovative companies (YICs), characterized by high levels of in-house research and development (R&D), exhibit a pronounced growth premium at the upper end of the conditional growth distribution and are therefore of particular interest to policymakers. We argue that the binary view underlying this literature – i.e. the R&D vs. non-innovator dichotomy – can be meaningfully extended to provide a better un…
Spatial Heterogeneity in the Effect of Regional Trust on Innovation
Generalized trust positively affects innovation at the regional level by reducing transaction costs and supporting collaboration. We develop theoretical reasons for why the trust–innovation relationship is heterogeneous across geographic space and identify two main mechanisms that drive this result: first, only regions in the lower half of the trust distribution benefit from an increase in trust; and second, as smaller firms lack internal capabil…
Resilient entrepreneurs? — revisiting the relationship between the Big Five and self-employment
The Big Five personality traits and their influence on entrepreneurial action have been repeatedly studied using a trait-based approach. The present paper partly deviates from this perspective by analysing the role of personality prototypes in relation to entrepreneurship. This person-centred approach suggests that combinations of Big Five traits form individual personalities. By using data from the German Socio-Economic Panel (SOEP), we show tha…
Crisis and belief
Popular Attitudes Toward Market Economic Principles and Institutional Reform in Transition Economies
Transition countries display generally low levels of public support for market economic principles during the 1990s—but more successful countries display more support than less successful countries. The attitude difference is not just the result of transition speed or success. Rather, the data suggest that the varying levels of public support toward market economic principles existed initially and are a cause of the distinct transition trajectori…
Post-Socialist Culture and Entrepreneurship
In this paper it is argued that locus of control beliefs and preferences concerning state action negatively affect the formation of new firms in former socialist countries. For this purpose Kirzner's theory of costless entrepreneurship is reviewed and criticized. German reunification, in which the formerly Socialist East joined the Federal Republic of Germany, represents an intriguing natural experiment in which the formal institutional structure…
Popular Attitudes Toward Market Economic Principles and Institutional Reform in Transition Economies
Transition countries display generally low levels of public support for market economic principles during the 1990s—but more successful countries display more support than less successful countries. The attitude difference is not just the result of transition speed or success. Rather, the data suggest that the varying levels of public support toward market economic principles existed initially and are a cause of the distinct transition trajectori…
Post-Socialist Culture and Entrepreneurship
In this paper it is argued that locus of control beliefs and preferences concerning state action negatively affect the formation of new firms in former socialist countries. For this purpose Kirzner's theory of costless entrepreneurship is reviewed and criticized. German reunification, in which the formerly Socialist East joined the Federal Republic of Germany, represents an intriguing natural experiment in which the formal institutional structure…
Crisis and belief
Post-Socialist Culture and Entrepreneurship
In this paper it is argued that locus of control beliefs and preferences concerning state action negatively affect the formation of new firms in former socialist countries. For this purpose Kirzner's theory of costless entrepreneurship is reviewed and criticized. German reunification, in which the formerly Socialist East joined the Federal Republic of Germany, represents an intriguing natural experiment in which the formal institutional structure…
Crisis and belief
Popular Attitudes Toward Market Economic Principles and Institutional Reform in Transition Economies
Transition countries display generally low levels of public support for market economic principles during the 1990s—but more successful countries display more support than less successful countries. The attitude difference is not just the result of transition speed or success. Rather, the data suggest that the varying levels of public support toward market economic principles existed initially and are a cause of the distinct transition trajectori…
Resilient entrepreneurs? — revisiting the relationship between the Big Five and self-employment
The Big Five personality traits and their influence on entrepreneurial action have been repeatedly studied using a trait-based approach. The present paper partly deviates from this perspective by analysing the role of personality prototypes in relation to entrepreneurship. This person-centred approach suggests that combinations of Big Five traits form individual personalities. By using data from the German Socio-Economic Panel (SOEP), we show tha…
Spatial Heterogeneity in the Effect of Regional Trust on Innovation
Generalized trust positively affects innovation at the regional level by reducing transaction costs and supporting collaboration. We develop theoretical reasons for why the trust–innovation relationship is heterogeneous across geographic space and identify two main mechanisms that drive this result: first, only regions in the lower half of the trust distribution benefit from an increase in trust; and second, as smaller firms lack internal capabil…
The R&D risk-return trade-off
Previous studies have established that young innovative companies (YICs), characterized by high levels of in-house research and development (R&D), exhibit a pronounced growth premium at the upper end of the conditional growth distribution and are therefore of particular interest to policymakers. We argue that the binary view underlying this literature – i.e. the R&D vs. non-innovator dichotomy – can be meaningfully extended to provide a better un…
Economics (6 works) · Political science (5 works) · Entrepreneurship Studies and Influences (3 works) · Business (2 works) · Computer Science (2 works) · Culture, Economy, and Development Studies (2 works) · Economic geography (2 works) · Economic system (2 works) · Entrepreneurship (2 works) · Finance (2 works)