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dc.contributor.authorBönte, Werneren_US
dc.contributor.authorFalck, Oliveren_US
dc.contributor.authorHeblich, Stephanen_US
dc.date.accessioned2008-01-23en_US
dc.date.accessioned2009-07-28T08:16:39Z-
dc.date.available2009-07-28T08:16:39Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/26160-
dc.description.abstractDemographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual’s decision to start a business is determined by his or her age and, therefore, that a change in a region’s age distribution affects the expected number of startups in the region. Using German regional data, we estimate a count-data model and find that the expected number of startups is positively influenced by the fraction of individuals of working age—20–64 years old. A more detailed analysis of the working-age distribution suggests that startups in knowledge-based (high-tech) manufacturing industries are affected by changes in this distribution whereas firms in other industries are not. In particular, increases in the fraction of individuals in the 20–30 age range and individuals in the 40–50 age range have a positive effect on the number of high-tech startups.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 2115en_US
dc.subject.jelJ1en_US
dc.subject.jelL26en_US
dc.subject.jelO3en_US
dc.subject.jelR11en_US
dc.subject.ddc330en_US
dc.subject.keyworddemographyen_US
dc.subject.keywordage distributionen_US
dc.subject.keywordentrepreneurshipen_US
dc.subject.keywordinnovationen_US
dc.subject.keywordregionen_US
dc.subject.stwUnternehmensgründungen_US
dc.subject.stwLebensalteren_US
dc.subject.stwUnternehmeren_US
dc.subject.stwHochtechnologiesektoren_US
dc.subject.stwRegionale Bevölkerungsentwicklungen_US
dc.subject.stwAltersstruktur der Bevölkerungen_US
dc.subject.stwDeutschlanden_US
dc.titleDemography and innovative entrepreneurshipen_US
dc.typeWorking Paperen_US
dc.identifier.ppn557255139en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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