Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19970
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dc.contributor.authorAudretsch, David B.en_US
dc.contributor.authorElston, Julie Annen_US
dc.date.accessioned2009-01-28T16:09:58Z-
dc.date.available2009-01-28T16:09:58Z-
dc.date.issued2004en_US
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_US
dc.language.isoengen_US
dc.relation.ispartofseries|aPapers on entrepreneurship, growth and public policy |x2504en_US
dc.subject.jelO3en_US
dc.subject.jelL25en_US
dc.subject.jelO4en_US
dc.subject.ddc330en_US
dc.subject.keywordInnovationen_US
dc.subject.keywordGrowthen_US
dc.subject.keywordInstitutionsen_US
dc.subject.keywordGermanyen_US
dc.subject.stwNeuer Markten_US
dc.subject.stwWirtschaftsförderungen_US
dc.subject.stwKlein- und Mittelunternehmenen_US
dc.subject.stwHochtechnologiesektoren_US
dc.subject.stwUnternehmenswachstumen_US
dc.subject.stwUnternehmensgründungen_US
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleCan institutional change impact high-technology firm growth? : Evidence from Germany's Neuer Markten_US
dc.typeWorking Paperen_US
dc.identifier.ppn494499117en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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