Abstract
We apply a multi-level approach to analyze the effect of three groups of determinants on new firm formation simultaneously: industry, location and changes over time. The data are for West Germany and cover the 1983-97 period. Our analysis indicates, that innovation activities and the technological regime play a significant role for new firm formation processes. There are also considerable differences with regard to the impact of a number of variables on startups between manufacturing and the service sector. Changes in demand are conducive for new firm formation while a high level of unemployment in a region obviously makes a relatively uncomfortable environment for start-ups. JEL classification: D21, L10, R10 Keywords: New firm formation, industrial economics, regional economics, entrepreneurship.
Dokumententyp: | Buchbeitrag |
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Fakultät: | Volkswirtschaft
Volkswirtschaft > Lehrstühle > CESifo-Professur für Empirische Innovationsökonomik |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
Ort: | Dortmund |
Dokumenten ID: | 20308 |
Datum der Veröffentlichung auf Open Access LMU: | 15. Apr. 2014, 08:58 |
Letzte Änderungen: | 29. Apr. 2016, 09:17 |