Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/155314
Authors: 
Murmann, Martin
Year of Publication: 
2017
Series/Report no.: 
ZEW Discussion Papers 17-010
Abstract: 
Existing management research has so far dealt with the consequences of labor turnover for established firms, but has not addressed its effect on young entrepreneurial businesses. In this paper I assess, both theoretically and empirically, the productivity effects of worker replacement in young firms. Worker replacement isolates labor turnover due to employee replacement as a separate category of turnover and has been shown to positively affect the productivity of established firms in previous research. Using a large and representative sample of German start-ups, I show that worker replacement has negative effects on young firms' productivity that remain even when controlling for moderating factors. These effects are even more negative when the founder does not have prior managerial experience.
Subjects: 
Firm productivity
Labour turnover
Churning
Entrepreneurship
JEL: 
L26
M13
J24
J63
D22
Document Type: 
Working Paper

Files in This Item:
File
Size
467.57 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.