Characteristics and performance of new firms and spinoffs in Sweden

Martin Andersson and Steven Klepper

Industrial and Corporate Change, 2013, vol. 22, issue 1, 245-280

Abstract: We analyse the rate of formation, the characteristics, and the performance of different types of new firms in Sweden over a decade. Comparisons with Denmark, Brazil, and the United States suggest that the environment for new firm formation in Sweden is not markedly different than elsewhere. In line with previous studies, spin-offs of incumbents perform better than other types of new firms, particularly if their parent firm continues to operate. A novel finding is that the larger the size of their parent, the greater is the rate of employment growth of spin-offs. This contrasts sharply with findings for firms with a single owner. Copyright 2013 The Author 2013. Published by Oxford University Press on behalf of Associazione ICC., Oxford University Press.

Date: 2013
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Working Paper: Characteristics and Performance of New Firms and Spinoffs in Sweden (2012)
Working Paper: Characteristics and Performance of New Firms and Spinoffs in Sweden (2012)
Working Paper: Characteristics and Performance of New Firms and Spinoffs in Sweden (2012)
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