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Heritage and Firm Survival - An Analysis of German Automobile Spinoffs 1886-1939

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Author Info
Kristina von Rhein () (Friedrich-Schiller-University Jena, Graduate School "Human Behaviour in Social and Economic Change", Department of Economics)
Abstract

The theory predicts that spinoffs of successful parents are more successful than others. The success of the parents can be measured in two ways, either in terms of their survival duration or concerning their innovative activity. In this paper, the survival chances of spinoffs in the German automobile industry regarding the success of their parents will be investigated. Therefore it is differentiated between spinoffs of old parents and spinoffs of innovative parents. The results of the Cox regressions show that spinoffs of old parents have better survival chances than those of innovative parents.

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Publisher Info
Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers in Economics with number 2008-025.

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Date of creation: 19 Mar 2008
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Handle: RePEc:jrp:jrpwrp:2008-025

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Related research
Keywords: firm survival; spinoffs; heritage; automobile industry;

Find related papers by JEL classification:
L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes
C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis

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This page was last updated on 2009-12-15.

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