Advanced Search
MyIDEAS: Login to save this paper or follow this series

Industry Evolution: Diversity, Selection and the Role of Learning

Contents:

Author Info

  • D.B. Audretsch

    ()
    (Georgia State University)

  • P. Houweling

    (Erasmus University)

  • A.R. Thurik

    ()
    (Erasmus University, EIM Small Business Research and Consultancy)

Abstract

The purpose of this paper is to show how institutional and evolutionary economics provide better insights as to whysome firms survive and others do not than does neoclassical economics. At the heart of the evolutionary theory isthe view that new firms are a manifestation of diversity and that their subsequent survival is shaped by the selectionprocess. Despite immense institutional and historical differences across these different economic systems such asthose in North America, Japan and Europe, evolutionary economics explains the role that diversity, selection andlearning plays in economic development. We use a Dutch data set and a model on who survives and who doesn't toexplain this role.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://papers.tinbergen.nl/98014.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 98-014/3.

as in new window
Length:
Date of creation: 09 Feb 1998
Date of revision:
Handle: RePEc:dgr:uvatin:19980014

Contact details of provider:
Web page: http://www.tinbergen.nl

Related research

Keywords:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Audretsch, David B, 1991. "New-Firm Survival and the Technological Regime," The Review of Economics and Statistics, MIT Press, vol. 73(3), pages 441-50, August.
  2. Audretsch, David B & Mahmood, Talat, 1995. "New Firm Survival: New Results Using a Hazard Function," The Review of Economics and Statistics, MIT Press, vol. 77(1), pages 97-103, February.
  3. Groenewegen, J. & Kerstholt, F.T.S. & Nagelkerke, A.G., 1995. "On integrating new and old institutionalism: Douglass North building bridges," Open Access publications from Tilburg University urn:nbn:nl:ui:12-127363, Tilburg University.
  4. Dosi, Giovanni, 1988. "Sources, Procedures, and Microeconomic Effects of Innovation," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 26(3), pages 1120-71, September.
  5. David B. Audretsch, 1995. "Innovation and Industry Evolution," MIT Press Books, The MIT Press, The MIT Press, edition 1, volume 1, number 0262011468, December.
  6. Hyman P. Minsky, 1998. "Uncertainty and the Institutional Structure of Capitalist Economies," Macroeconomics, EconWPA 9809015, EconWPA.
  7. Wagner, Joachim, 1994. "The Post-entry Performance of New Small Firms in German Manufacturing Industries," Journal of Industrial Economics, Wiley Blackwell, Wiley Blackwell, vol. 42(2), pages 141-54, June.
  8. Sidney G. Winter, 1964. "Economic "Natural Selection" and the Theory of the Firm," LEM Chapters Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, in: Yale Economic Essays, pages 225-272 Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Jolanda Hessels & Isabel Grilo & Roy Thurik & Peter Zwan, 2011. "Entrepreneurial exit and entrepreneurial engagement," Journal of Evolutionary Economics, Springer, Springer, vol. 21(3), pages 447-471, August.
  2. Mohammad Ali Feizpour, 2008. "The Survival of Manufacturing SMEs in Iran during the Second Development Plan," Iranian Economic Review, Economics faculty of Tehran university, Economics faculty of Tehran university, vol. 13(1), pages 53-81, spring.
  3. André van Stel & Sander Wennekers & Jolanda Hessels & Peter van der Zwan, 2012. "Global Entrepreneurship Monitor 2011 The Netherlands," Scales Research Reports, EIM Business and Policy Research A201211, EIM Business and Policy Research.
  4. Andr� van Stel & Roy Thurik & Ingrid Verheul & Lendert Baljeu, 2007. "The Relationship between Entrepreneurship and Unemployment in Japan," Tinbergen Institute Discussion Papers, Tinbergen Institute 07-080/3, Tinbergen Institute, revised 14 Jul 2008.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:dgr:uvatin:19980014. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Antoine Maartens (+31 626 - 160 892)).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.