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

Werner Hölzl (), Reinhold Hofer () and Angelika Schenk
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Reinhold Hofer: Department of Economics, Vienna University of Economics & B.A.
Angelika Schenk: Institut für Finanzwissenschaften, Vienna University of Economics & B.A.

Working Papers from Vienna University of Economics and Business Research Group: Growth and Employment in Europe: Sustainability and Competitiveness

Abstract: 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.

Keywords: net entry; determinants of entry and exit; barriers; entrepreneurial experimentation; panel data (search for similar items in EconPapers)
JEL-codes: L1 L6 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eec and nep-mic
Date: 2001-08
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Persistent link: http://EconPapers.repec.org/RePEc:wiw:wiwgee:geewp17

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