The Effect of Industry, Region, and Time on New Business Survival – A Multi-Dimensional Analysis

Michael Fritsch (), Udo Brixy () and Oliver Falck

Review of Industrial Organization, 2006, vol. 28, issue 3, 285-306

Abstract: We analyze the effect of industry, region, and time on new business survival rates by means of a multi-dimensional approach. The data relate to West German districts in the 1983–2000 period. The survival chances of start-ups tend to be relatively low in industries characterized by a high minimum efficient size and high numbers of entries. We find that regional characteristics play a rather important role and that introducing the regional dimension leads to considerable improvements of the estimation results. The significance of the regional dimension is also reflected in a remarkably high level of neighborhood effects. Copyright Springer 2006

Keywords: Entry; hazard; market selection; new firm survival; D21; L10; M13; R10 (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (132)

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Working Paper: The effect of industry, region, and time on new business survival - A multi-dimensional analysis (2006)
Working Paper: The Effect of Industry, Region and Time on New Business Survival - A Multi-Dimensional Analysis (2004)
Working Paper: The effect of industry, region and time on new business survival: A multi-dimensional analysis (2004)
Working Paper: The effect of industry, region and time on new business survival: A multi-dimensional analysis (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:revind:v:28:y:2006:i:3:p:285-306

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DOI: 10.1007/s11151-006-0018-4

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