Knowledge compensation in the German automobile industry

Uwe Cantner (), Jens Kruger and Kristina von Rhein

Applied Economics, 2011, vol. 43, issue 22, 2941-2951

Abstract: In studies looking at firm survival over the industry life cycle knowledge is one of the most important determinants. Different kinds of knowledge, namely post-entry experience, pre-entry experience and knowledge acquired by innovative activity positively influence the survival chances. This article investigates how different kinds of knowledge are able to compensate each other. A statistical survival analysis is performed for the German automobile industry (1886-1939) which applies an estimation approach that links instrumental variables with the Cox regression. The results highlight that innovative activity is able to compensate for lacking post-entry experience, supporting Schumpeterian creative destruction.

Date: 2011
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00036840902762738 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Knowledge Compensation in the German Automobile Industry (2011)
Working Paper: Knowledge Compensation in the German Automobile Industry (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:43:y:2011:i:22:p:2941-2951

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036840902762738

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().