Heritage and Firm Survival - An Analysis of German Automobile Spinoffs 1886-1939

Kristina von Rhein ()
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Kristina von Rhein: Friedrich-Schiller-University Jena, Graduate School "Human Behaviour in Social and Economic Change", Department of Economics

No 2008-025, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: The theory predicts that spinoffs of successful parents are more successful than others. The success of the parents can be measured in two ways, either in terms of their survival duration or concerning their innovative activity. In this paper, the survival chances of spinoffs in the German automobile industry regarding the success of their parents will be investigated. Therefore it is differentiated between spinoffs of old parents and spinoffs of innovative parents. The results of the Cox regressions show that spinoffs of old parents have better survival chances than those of innovative parents.

Keywords: firm survival; spinoffs; heritage; automobile industry (search for similar items in EconPapers)
JEL-codes: C41 L10 L62 O33 (search for similar items in EconPapers)
Date: 2008-03-19
New Economics Papers: this item is included in nep-ent
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2008-025

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