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


  • 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.)


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.

Suggested Citation

  • Werner Hölzl & Reinhold Hofer & Angelika Schenk, 2001. "Three stages of net entry into Austrian manufacturing: entrepreneurial experimentation and actual entry," Working Papers geewp17, Vienna University of Economics and Business Research Group: Growth and Employment in Europe: Sustainability and Competitiveness.
  • Handle: RePEc:wiw:wiwgee:geewp17

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    More about this item


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

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

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