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Small-Firm Entry in U.S. Manufacturing

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Author Info
Acs, Zoltan J
Audretsch, David B

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Abstract

A cross-section empirical analysis examining the entry behavior of small firms is provided in this paper. While the authors find that certain traditional market structure characteristics and entry barriers have a strong impact on small-firm entry behavior, the reliance upon innovative strategy by small firms also explains a significant amount of the variation in the pattern of entry by small firms. They conclude that small-firm entry is at least partially determined by entry barriers, industry-specific characteristics facilitating retaliatory conduct by incumbent firms, and the reliance upon innovative strategy by small firms. Copyright 1989 by The London School of Economics and Political Science.

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Publisher Info
Article provided by London School of Economics and Political Science in its journal Economica.

Volume (Year): 56 (1989)
Issue (Month): 222 (May)
Pages: 255-65
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Handle: RePEc:bla:econom:v:56:y:1989:i:222:p:255-65

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  1. M. E. Beesley & R. T. Hamilton, 1994. "Entry Propensity, the Supply of Entrants and the Spatial Distribution of Business Units," Regional Studies, Taylor and Francis Journals, vol. 28(3), pages 233-239, June. [Downloadable!] (restricted)
  2. Görg, Holger & Strobl, Eric, 2002. "Multinational Companies and Indigenous Development: An Empirical Analysis," CEPR Discussion Papers 3325, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  3. Secil Kaya & Yesim Üçdogruk, 2002. "The dynamics of entry and exit in turkish manufacturing industry," ERC Working Papers 0202, ERC - Economic Research Center, Middle East Technical University, revised Feb 2002. [Downloadable!]
  4. Nyström, Kristina, 2005. "Firm Maturity and Product Processes R&D in Swedish Manufacturing Firms," Working Paper Series in Economics and Institutions of Innovation 39, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies. [Downloadable!]
  5. Daniela Grieco & Robin Hogarth, 2004. "Excess Entry, Ambiguity Seeking, and Competence: An Experimental Investigation," Economics Working Papers 778, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  6. Manjon-Antolin, M.C., 2004. "Firm size and short-term dynamics in aggregate entry and exit," Discussion Paper 2, Tilburg University, Center for Economic Research. [Downloadable!]
  7. Salvador Barrios & Holger Görg & Eric Strobl, 2004. "Foreign Direct Investment, Competition and Industrial Development in the Host Country: An Analysis for the Case of “White” Certificates," Discussion Papers of DIW Berlin 426, DIW Berlin, German Institute for Economic Research. [Downloadable!]
  8. Qing Gong, Yang, 2004. "Entry, Exit and the Dynamics of Productivity Growth in Chinese Manufacturing Industry," ESRC Centre for Business Research - Working Papers wp284, ESRC Centre for Business Research. [Downloadable!]
  9. Qing Gong Yang & Paul Temple, 2009. "Reform and Competitive Selection in China: An Analysis of Firm Exits," Department of Economics Discussion Papers 0409, Department of Economics, University of Surrey. [Downloadable!]
  10. Podivinsky, Jan M & Stewart, Geoff, 2003. "Why are Labour-Managed Firms so Rare? An Analysis of Entry Using UK Panel Data," Discussion Paper Series In Economics And Econometrics 0402, Economics Division, School of Social Sciences, University of Southampton. [Downloadable!]
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