Characteristics and performance of new firms and spinoffs in Sweden
AbstractWe analyse the rate of formation, the characteristics, and the performance of different types of new firms in Sweden over a decade. Comparisons with Denmark, Brazil, and the United States suggest that the environment for new firm formation in Sweden is not markedly different than elsewhere. In line with previous studies, spin-offs of incumbents perform better than other types of new firms, particularly if their parent firm continues to operate. A novel finding is that the larger the size of their parent, the greater is the rate of employment growth of spin-offs. This contrasts sharply with findings for firms with a single owner. Copyright 2013 The Author 2013. Published by Oxford University Press on behalf of Associazione ICC., Oxford University Press.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Industrial and Corporate Change.
Volume (Year): 22 (2013)
Issue (Month): 1 (February)
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Other versions of this item:
- Andersson, Martin & Klepper, Steven, 2012. "Characteristics and Performance of New Firms and Spinoffs in Sweden," Working Papers 2012:14, Swedish Entrepreneurship Forum.
- Andersson, Martin & Klepper, Steven, 2012. "Characteristics and Performance of New Firms and Spinoffs in Sweden," Working Paper Series 902, Research Institute of Industrial Economics.
- Andersson, Martin & Klepper, Steven, 2012. "Characteristics and Performance of New Firms and Spinoffs in Sweden," CIRCLE Electronic Working Papers 2012/4, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - General
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
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