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Three stages of net entry into Austrian manufacturing: entrepreneurial experimentation and actual entry

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Author Info

  • Werner Hölzl

    ()
    (Department of Economics, Vienna University of Economics & B.A.)

  • Reinhold Hofer

    ()
    (Department of Economics, Vienna University of Economics & B.A.)

  • Angelika Schenk

    (Institut für Finanzwissenschaften, Vienna University of Economics & B.A.)

Abstract

In this paper we explore the determinants of changes in the industrial populations rates in Austrian manufac-turing. The research questions whether or not the nature and causes of the net entry of firms across three dif-ferent stages of entry-exit decision and firm growth are different. Our econometric analysis suggests that the-re are differences in leading to the determination of the entry and exit at different stages of the entry-exit de-cision, and that aggregate growth and disaggregate growth (measured in employment terms) play a major role.

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Bibliographic Info

Paper provided by Vienna University of Economics Research Group: Growth and Employment in Europe: Sustainability and Competitiveness in its series Working Papers with number geewp17.

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Date of creation: Aug 2001
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Handle: RePEc:wiw:wiwgee:geewp17

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Postal: Welthandelsplatz 1, 1020 Vienna, Austria
Web page: http://www.wu-wien.ac.at/inst/vw1/gee/

Related research

Keywords: net entry; determinants of entry and exit; barriers; entrepreneurial experimentation; panel data;

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