Characteristics and Performance of New Firms and Spinoffs in Sweden

Martin Andersson and Steven Klepper

No 2012:14, Working Papers from Swedish Entrepreneurship Forum

Abstract: We analyze the rate of formation, the characteristics, and the performance of different types of new firms in Sweden over a decade. Comparisons to Denmark, Brazil, and the U.S. suggest that the environment for new firm formation in Sweden is not markedly different than elsewhere. In line with previous studies, spinoffs of incumbents perform better than other types of new firms, particularly if their parent firm continues to operate. A novel findings is that the rate of employment growth of spinoffs is greater the larger the size of their parent, which contrast sharply with findings for firms with a single owner.

Keywords: Sweden; spinoffs; new firm formation; entrepreneurship; performance; employment growth (search for similar items in EconPapers)
JEL-codes: J60 M13 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2012-08-20
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Citations: View citations in EconPapers (13)

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Related works:
Journal Article: Characteristics and performance of new firms and spinoffs in Sweden (2013)
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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