The effect of industry, region and time on new business survival : a multi-dimensional analysis

Michael Fritsch; Udo Brixy; Oliver Falck

We analyze the effect of industry, region and time on new-business survival rates by means of a multi-dimensional approach. The data relate to West German districts in the 1983-2000 period. The survival chances of start-ups tend to be relatively low in industries characterized by a high minimum efficient size and high numbers of entries. Regional growth has a rather pronounced positive influence on survival rates, while the relationship between the nationwide development of the particular industry and survival tends to be negative. We also find a remarkably high level of spatial autocorrelation. -- New-firm survival ; hazard ; entry ; market selection

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Year of publication:	2004
Authors:	Fritsch, Michael ; Brixy, Udo ; Falck, Oliver
Publisher:	Passau : Univ. Passau, Wirtschaftswiss. Fak.
Subject:	Unternehmensgründung \| Business start-up \| Unternehmenserfolg \| Firm performance \| Branche \| Economic sector \| Standortfaktor \| Location factor \| Schätzung \| Estimation \| Westdeutsche Bundesländer \| West Germany \| Deutschland \| Germany \| Deutschland <Westliche Länder> \| Überleben \| Geschichte 1983-2000 \| 1983-2000

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Fritsch, Michael *1951-*. The effect of industry, region and time on new business survival. - Passau : Gruppe der Volkswirtschaftlichen Professoren der Wirtschaftswiss. Fak. der Univ., 2004. - 27 Bl

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