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Title:The effect of industry, region and time on new business survival : a multi-dimensional analysis PDF Logo
Authors:Fritsch, Michael
Brixy, Udo
Falck, Oliver
Issue Date:2004
Series/Report no.:Papers on entrepreneurship, growth and public policy 3104
Abstract:We analyze the effect of industry, region, and time on new business survival rates by means of a multidimensional approach. The data relate to West German counties in the 1983-2000 period. Survival chances of start-ups tend to be relatively low in industries characterized by a high minimum efficient size and high numbers of entries. We find a rather pronounced positive influence of regional growth on survival rates while the relationship between nationwide development of the respective industry and survival tended to be negative. We also find a remarkable high level of spatial autocorrelation.
Subjects:New firm survival
hazard
entry
market selection
JEL:R30
D21
R10
L10
Document Type:Working Paper
Appears in Collections:Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik

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