Falck, Oliver
(2007):
Mayflies and long-distance runners: The effects of new business formation on industry growth.
In: Applied Economics Letters, Bd. 14, Nr. 12: S. 919-922
Dies ist die neueste Version des Dokumentes.
Abstract
This note analyses the effects of new business formation on industry growth. Dynamic panel techniques are used to test two hypotheses. First, does hit-and-run competition secure efficiency in an industry? Second, do innovative startups lead to amplified innovations by diminishing the knowledge filter? The results illustrate how new businesses can be viewed as either mayflies or long-distance runners.
| Dokumententyp: | Zeitschriftenartikel |
|---|---|
| Fakultät: | Volkswirtschaft
Volkswirtschaft > Lehrstühle > CESifo-Professur für Empirische Innovationsökonomik |
| Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
| Sprache: | Englisch |
| Dokumenten ID: | 20474 |
| Datum der Veröffentlichung auf Open Access LMU: | 15. Apr. 2014 08:59 |
| Letzte Änderungen: | 04. Nov. 2020 13:01 |
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Mayflies and long-distance runners: The effects of new business formation on industry growth. (deposited 15. Apr. 2014 08:59)
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