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The Birth of New Firms In Italian Manufacturing

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  • Sterlacchini Alessandro

Abstract

This paper is concerned with the dynamics of new firm formation in Italian manufacturing industry. New firms, which tend to be of small size, need to be examined with the help of specific measures of entry and their formation explained by means of specific determinants. In particular, it is assumed that individuals tend to establish small firms mainly through a comparison of their current labour earnings and the expected profits of their new business activity; their choice is also influenced by other factors related to the structure and the growth perspectives of the relevant industry and to labour market conditions. Policy implications of this perspective are sketched.

Suggested Citation

  • Sterlacchini Alessandro, 1994. "The Birth of New Firms In Italian Manufacturing," Industry and Innovation, Taylor & Francis Journals, vol. 1(2), pages 77-90.
    • Handle: RePEc:taf:indinn:v:1:y:1994:i:2:p:77-90
    DOI: 10.1080/13662719400000005
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    Cited by:

    1. Michael Fritsch & Florian Noseleit & Yvonne Schindele, 2014. "Surviving Against the Tide: Are New Businesses in Innovative Industries Less Affected by General Economic Trends?," Jena Economics Research Papers 2014-017, Friedrich-Schiller-University Jena.
    2. Michael Fritsch & Udo Brixy & Oliver Falck, 2006. "The Effect of Industry, Region, and Time on New Business Survival – A Multi-Dimensional Analysis," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 28(3), pages 285-306, May.
    3. Yvonne Schindele & Michael Fritsch & Florian Noseleit, 2011. "Micro-level Evidence on the Survival of German Manufacturing Industries - A Multidimensional Analysis (refereed paper)," ERSA conference papers ersa10p549, European Regional Science Association.

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