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Firm formation in high-tech industries: empirical results for Germany

  • Nerlinger, Eric A.
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    During the last years more and more discussions came up about the contribution of technology-oriented and technology-intensive industries for the economic development and employment. The estimates of the determinants of the regional number of firm formations point out differences between the regions due to different categories: the attractiveness of the county (e.g. infrastructure), the regional endowment with human capital indicated by the location of R&D facilities comprising universities, technical colleges, non-universitary institutes, private R&D, and the regional industry and employment structure. One very surprising finding is that there is no impact of the R&D activities in private firms on the regional number of firm formations in technology intensive industries. However, positive significant effects can be found concerning the regional endowment with e.g. universities depending on the field of specialisation.

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    Paper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 96-07.

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    Date of creation: 1996
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    Handle: RePEc:zbw:zewdip:9607
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    1. Nerlinger, Eric A. & Berger, Georg, 1995. "Technologieorientierte Industrien und Unternehmen: Alternative Definitionen," ZEW Discussion Papers 95-20, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    2. Licht, Georg & Steiner, Viktor, 1993. "Assimilation, labour market experience, and earnings profiles of temporary and permanent immigrant workers in germany," ZEW Discussion Papers 93-06, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    3. Gourieroux, Christian & Monfort, Alain & Trognon, Alain, 1984. "Pseudo Maximum Likelihood Methods: Applications to Poisson Models," Econometrica, Econometric Society, vol. 52(3), pages 701-20, May.
    4. David G. Blanchflower & Bruce D. Meyer, 1991. "A Longitudinal Analysis of Young Entrepreneurs in Australia and the United States," NBER Working Papers 3746, National Bureau of Economic Research, Inc.
    5. Harhoff, Dietmar, 1995. "Firm formation and regional spillovers: evidence from Germany," ZEW Discussion Papers 95-11, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    6. Fritsch, M., 1993. "Determinants of New Firm Formation in West Germany Regions 1986-1989: An Empirical Analysis," Papers 93-3, Bergakademie Freiberg Technical University - Faculty of Economics and Business Administration.
    7. Evans, David S & Jovanovic, Boyan, 1989. "An Estimated Model of Entrepreneurial Choice under Liquidity Constraints," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 808-27, August.
    8. Timothy Bates, 1985. "Entrepreneur Human Capital Endowments and Minority Business Viability," Journal of Human Resources, University of Wisconsin Press, vol. 20(4), pages 540-554.
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