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The paper uses a unique dataset comprising the population of new ventures that enter the UK market in 1998. We argue that we would expect the effect of market concentration on firm survival to be different according to whether an industry is static (low entry and exit) or dynamic. In our...
Persistent link: https://www.econbiz.de/10011280372
industry competition and growth in dynamic compared to static markets. Estimation of a hazard function supports this hypothesis …
Persistent link: https://www.econbiz.de/10003010392