The Effect of Industry, Region, and Time on New Business Survival – A Multi-Dimensional Analysis

被引：1
|
作者：
Michael Fritsch
Udo Brixy
Oliver Falck
机构：
[1] Technical University Bergakademie Freiberg,Faculty of Economics and Business Administration
[2] Institute for Employment Research at the Federal Employment Services,Faculty of Economics and Business Administration
[3] University of Passau,undefined
来源：
Review of Industrial Organization | 2006年 / 28卷
关键词：
Entry; hazard; market selection; new firm survival; D21; L10; M13; R10;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
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. We find that regional characteristics play a rather important role and that introducing the regional dimension leads to considerable improvements of the estimation results. The significance of the regional dimension is also reflected in a remarkably high level of neighborhood effects.
引用
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页码：285 / 306
页数：21
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