The Effect of Industry, Region and Time on New Business Survival - A Multi-Dimensional Analysis

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.

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Year of publication:	2004
Authors:	Fritsch, Michael ; Brixy, Udo ; Falck, Oliver
Publisher:	Jena : Max Planck Institute for Research into Economic Systems
Subject:	Unternehmensgründung \| Unternehmensentwicklung \| Branche \| Standortfaktor \| Schätzung \| Alte Bundesländer \| Deutschland \| New firm survival \| hazard \| entry \| market selection

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Series:	Papers on Entrepreneurship, Growth and Public Policy ; 3104
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	494503084 [GVK] hdl:10419/19976 [Handle]
Classification:	R30 - Real Estate Markets, Spatial Production Analysis, and Firm Location. General ; D21 - Firm Behavior ; R10 - General Regional Economics. General ; L10 - Market Structure, Firm Strategy, and Market Performance. General
Source:	EconStor

Persistent link: https://www.econbiz.de/10010261496