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Wachstumsdeterminanten junger Unternehmen in den alten und neuen Bundesländern: Ein Vergleich zwischen innovativen und nicht-innovativen Unternehmen

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  • Almus, Matthias
  • Engel, Dirk
  • Nerlinger, Eric A.

Abstract

The paper deals with growth determinants of innovative and noninnovative start-ups in Eastern and Western Germany. Based on theoretical approaches explaining the growth of firms, hypotheses on potential determinants are derived. The empirical results indicate strong correlations between average annual growth rates on the one side and firm-specific as well as external factors on the other side, influencing growth of start-ups in Eastern and Western Germany in different strength. Higher growth rates can be observed in firms from Western Germany compared with their Eastern German counterparts. Comparing the average growth rates, innovative firms achieve significantly higher rates than noninnovative start-ups in both regions.

Suggested Citation

  • Almus, Matthias & Engel, Dirk & Nerlinger, Eric A., 1999. "Wachstumsdeterminanten junger Unternehmen in den alten und neuen Bundesländern: Ein Vergleich zwischen innovativen und nicht-innovativen Unternehmen," ZEW Discussion Papers 99-09, ZEW - Leibniz Centre for European Economic Research.
    • Handle: RePEc:zbw:zewdip:5223
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    References listed on IDEAS

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    Cited by:

    1. Rammer, Christian & Ohmstedt, Jörg & Binz, Hanna L. & Heneric, Oliver, 2006. "Unternehmensgründungen in der Biotechnologie in Deutschland 1991 bis 2004," ZEW Dokumentationen 06-03, ZEW - Leibniz Centre for European Economic Research.
    2. Diana Heger & Andreas Fier & Gordon Murray, 2005. "Review Essay: Regional Venture Capital Policy: UK and Germany Compared1," Venture Capital, Taylor & Francis Journals, vol. 7(4), pages 373-383, April.
    3. David Marmet, 2004. "Growth of New Firms: Which Factors Influence Post-Entry Performance? An Empirical Analysis Based on Swiss Firm Data," KOF Working papers 04-97, KOF Swiss Economic Institute, ETH Zurich.
    4. Almus, Matthias, 2001. "Das Wachstum junger Unternehmen: Eine Bestandsaufnahme 10 Jahre nach der Wiedervereinigung," ZEW Discussion Papers 01-40, ZEW - Leibniz Centre for European Economic Research.
    5. Almus, Matthias, 2000. "What Characterizes a Fast Growing Firm?," ZEW Discussion Papers 00-64, ZEW - Leibniz Centre for European Economic Research.

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    More about this item

    Keywords

    Innovative Unternehmen; Gründungen; Wachstumsdeterminanten;
    All these keywords.

    JEL classification:

    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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