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Erscheinungsjahr: 
2004
Schriftenreihe/Nr.: 
Papers on Entrepreneurship, Growth and Public Policy No. 3104
Verlag: 
Max Planck Institute for Research into Economic Systems, Jena
Zusammenfassung: 
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.
Schlagwörter: 
New firm survival
hazard
entry
market selection
JEL: 
R30
D21
R10
L10
Dokumentart: 
Working Paper

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