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Old Wine in New Bottles: The Effect of Previous Co-Worker Experience on the Survival of New Firms


  • Bram Timmermans


The aim of the paper is to investigate the effect of previous co-worker experience on the survival of new established firms. For the empirical analysis I use the Danish Integrated Database of Labor Market Research (IDA). This longitudinal employer-employee database allows me to identify co-worker experience among all members of the firm. In addition, I will make a distinction between ordinary start-ups and entrepreneurial spin-offs. The results show that previous co-worker experience has a positive effect on new firm survival. This effect appears to be valid predominantly for ordinary start-ups then for spin-offs.

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  • Bram Timmermans, 2010. "Old Wine in New Bottles: The Effect of Previous Co-Worker Experience on the Survival of New Firms," DRUID Working Papers 10-17, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  • Handle: RePEc:aal:abbswp:10-17

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    References listed on IDEAS

    1. Stijns, Jean-Philippe C., 2005. "Natural resource abundance and economic growth revisited," Resources Policy, Elsevier, vol. 30(2), pages 107-130, June.
    2. Wright, Gavin, 1990. "The Origins of American Industrial Success, 1879-1940," American Economic Review, American Economic Association, vol. 80(4), pages 651-668, September.
    3. Pessoa, Argentino, 2008. "Natural resources and institutions: the “natural resources curse” revisited," MPRA Paper 8640, University Library of Munich, Germany.
    4. Michiel Van Dijk & Martin Bell, 2007. "Rapid Growth with Limited Learning: Industrial Policy and Indonesia's Pulp and Paper Industry," Oxford Development Studies, Taylor & Francis Journals, vol. 35(2), pages 149-169.
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    Cited by:

    1. Kaiser, Ulrich & Müller, Bettina, 2013. "Team Heterogeneity in Startups and its Development over Time," IZA Discussion Papers 7284, Institute for the Study of Labor (IZA).

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