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The effect of industry, region, and time on new business survival - A multi-dimensional analysis

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

Munich Reprints in Economics from University of Munich, Department of Economics

Abstract: We analyze the effect of industry, region, and time on new businesssurvival rates by means of a multi-dimensional approach. The data relateto West German districts in the 1983-2000 period. The survival chancesof start-ups tend to be relatively low in industries characterized by ahigh minimum efficient size and high numbers of entries. We find thatregional characteristics play a rather important role and thatintroducing the regional dimension leads to considerable improvements ofthe estimation results. The significance of the regional dimension isalso reflected in a remarkably high level of neighborhood effects.

Date: 2006
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Citations: View citations in EconPapers (135)

Published in Review of Industrial Organization 3 28(2006): pp. 285-306

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Journal Article: The Effect of Industry, Region, and Time on New Business Survival – A Multi-Dimensional Analysis (2006) Downloads
Working Paper: The Effect of Industry, Region and Time on New Business Survival - A Multi-Dimensional Analysis (2004) Downloads
Working Paper: The effect of industry, region and time on new business survival: A multi-dimensional analysis (2004) Downloads
Working Paper: The effect of industry, region and time on new business survival: A multi-dimensional analysis (2004) Downloads
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