Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81337
Authors: 
Andersson, Martin
Klepper, Steven
Year of Publication: 
2012
Series/Report no.: 
IFN Working Paper 902
Abstract: 
We analyze the rate of formation, the characteristics, and the performance of different types of new firms in Sweden over a decade. Comparisons to Denmark, Brazil, and the U.S. suggest that the environment for new firm formation in Sweden is not markedly different than elsewhere. In line with previous studies, spinoffs of incumbents perform better than other types of new firms, particularly if their parent firm continues to operate. A novel findings is that the rate of employment growth of spinoffs is greater the larger the size of their parent, which contrast sharply with findings for firms with a single owner.
Subjects: 
Sweden
Spinoffs
New firm formation
Entrepreneurship
Performance
Employment growth
JEL: 
J60
M13
Document Type: 
Working Paper

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