Eliasson, Gunnar - Institutet för Näringslivsforskning (IFN) - 1990
performers. Failing and exiting firms are part of the innovation costs to society for steady and rapid economic growth. The … entrants completely dominate the long run performance characteristics of the economy. Rapid and stable long-run macro-economic … growth can only be achieved if innovative competitive entry is vigorous. Free access to markets is a necessary condition …