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The Effect of Industry, Region, and Time on New Business Survival – A Multi-Dimensional Analysis Author info | Abstract | Publisher info | Download info | Related research | Statistics Michael Fritsch ()
Udo Brixy
Oliver Falck
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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. Copyright Springer 2006
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Article provided by Springer in its journal Review of Industrial Organization .
Volume (Year): 28 (2006)
Issue (Month): 3 (05)
Pages: 285-306
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Handle: RePEc:kap:revind:v:28:y:2006:i:3:p:285-306Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100336
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: Entry ; hazard ; market selection ; new firm survival ; D21 ; L10 ; M13 ; R10 ; Other versions of this item:
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"The Effect of New Business Formation on Regional Development over Time: The Case of Germany ,"
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