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.

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Year of publication:	2004
Authors:	Fritsch, Michael ; Brixy, Udo ; Falck, Oliver
Publisher:	Freiberg : Techn. Univ., Fac. of Economics and Business Administraion
Subject:	New-firm survival \| hazard \| entry \| market selection \| Überleben von Gründungen \| Hazard \| Marktzutritt \| Marktselektion \| Unternehmensgründung \| Business start-up \| Unternehmenserfolg \| Firm performance \| Branche \| Economic sector \| Standortfaktor \| Location factor \| Schätzung \| Estimation \| Westdeutsche Bundesländer \| West Germany \| Deutschland \| Germany \| Risiko \| Marktzugang \| Geschichte 1983-2000 \| 1983-2000