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Ulrich Kaiser's joint paper with Nikolaj Malchow-Møller "Is self-employment really a bad experience?", published in Journal of Business Venturing 2011, received the Stephan Schrader Prize 2014 - Munich Best Paper Award in Entrepreneurship Studies. The prize is endowed with 5000 Euro and was presented to Ulrich Kaiser at a prize ceremony held at the Max Planck Institute for Innovation and Competition.