Abstract
We analyze the effect of industry, region, and time on new businesssurvival rates by means of a multi-dimensional approach. The data relateto West German districts in the 1983-2000 period. The survival chancesof start-ups tend to be relatively low in industries characterized by ahigh minimum efficient size and high numbers of entries. We find thatregional characteristics play a rather important role and thatintroducing the regional dimension leads to considerable improvements ofthe estimation results. The significance of the regional dimension isalso reflected in a remarkably high level of neighborhood effects.
| Dokumententyp: | Zeitschriftenartikel |
|---|---|
| Fakultät: | Volkswirtschaft
Volkswirtschaft > Lehrstühle > CESifo-Professur für Empirische Innovationsökonomik |
| Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
| Sprache: | Englisch |
| Dokumenten ID: | 20195 |
| Datum der Veröffentlichung auf Open Access LMU: | 15. Apr. 2014, 08:57 |
| Letzte Änderungen: | 04. Nov. 2020, 13:01 |
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