Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19970 
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dc.contributor.authorAudretsch, David B.en
dc.contributor.authorElston, Julie Annen
dc.date.accessioned2009-01-28T16:09:58Z-
dc.date.available2009-01-28T16:09:58Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/19970-
dc.description.abstractTo facilitate the transformation of the German economy from the traditional manufacturing industries towards emerging new technologies, a new segment of the Frankfurt exchange was introduced in 1997 - Der Neue Markt. This study provides evidence that not only did many new firms obtain funding from the Neuer Markt, but that for the first time in recent history, Germany succeeded in enabling smaller firms to grow faster than larger firms. This suggests that the new policies were not only successful in promoting a new type of firm that otherwise might not exist, but in transforming the sources of growth and innovation within the German economy.en
dc.language.isoengen
dc.publisher|aMax Planck Institute for Research into Economic Systems |cJenaen
dc.relation.ispartofseries|aPapers on Entrepreneurship, Growth and Public Policy |x2504en
dc.subject.jelO3en
dc.subject.jelL25en
dc.subject.jelO4en
dc.subject.ddc330en
dc.subject.keywordInnovationen
dc.subject.keywordGrowthen
dc.subject.keywordInstitutionsen
dc.subject.keywordGermanyen
dc.subject.stwNeuer Markten
dc.subject.stwWirtschaftsförderungen
dc.subject.stwKlein- und Mittelunternehmenen
dc.subject.stwHochtechnologiesektoren
dc.subject.stwUnternehmenswachstumen
dc.subject.stwUnternehmensgründungen
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titleCan Institutional Change Impact High-Technology Firm Growth?: Evidence from Germany's Neuer Markt-
dc.typeWorking Paperen
dc.identifier.ppn494499117en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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