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http://hdl.handle.net/10419/18058
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| Title: | | New firm formation by industry over sprace and time : a multi-level analysis  |
| Authors: | | Fritsch, Michael Falck, Oliver |
| Issue Date: | | 2003 |
| Series/Report no.: | | DIW-Diskussionspapiere 322 |
| Abstract: | | We apply a multi-level approach to analyze simultaneously the effects of three groups of determinants on new firm formation: industry, location and change over time. The data is for West Germany and covers the 1983-97 period. Our analysis indicates that innovation activities and the technological regime play a significant role in new firm formation processes. There are some differences with regard to the impact of a number of variables on start-ups in manufacturing and the service sector. Changes in demand are conducive to new firm formation while a high level of unemployment in a region obviously creates a relatively uncomfortable environment for setting up new businesses. |
| Subjects: | | New firm formation industrial economics regional economics entrepreneurship |
| JEL: | | R10 L10 D21 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des DIW DIW-Diskussionspapiere
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