Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/27096 
Year of Publication: 
2006
Series/Report no.: 
Freiberger Arbeitspapiere No. 2006/02
Publisher: 
Technische Universität Bergakademie Freiberg, Fakultät für Wirtschaftswissenschaften, Freiberg
Abstract: 
This paper compares the structure and the development of new firm formation activity in three German regions. The two East German regions, Dresden and Rostock, show significantly higher start-up rates than the West German region Karlsruhe. The analysis of entry cohorts reveals that not only the direct employment effects are more pronounced in Karlsruhe but also the probability of failure is significantly lower in Karlsruhe compared to the two East German regions. The regional potential for innovative new firms is measured by the number of natural scientists and engineers in high-tech industries and public science organizations. This potential is underdeveloped in Rostock while Dresden almost caught up with Karlsruhe. Policy-sponsored networks aiming to increase the number of innovative start-ups exist in all three regions. Dresden and Karlsruhe have successfully launched a considerable number of university start-ups.
Subjects: 
Entrepreneurship
new firm formation
entry cohorts
East Germany
research and development
innovation
high-tech industries
start-up promotion
EXIST
JEL: 
M13
O3
O18
R11
Document Type: 
Working Paper

Files in This Item:
File
Size
612.82 kB





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