Survival chances of new businesses: Do regional conditions matter?
Oliver Falck
Munich Reprints in Economics from University of Munich, Department of Economics
Abstract:
This article analyses the effects of industry-, regional- and firm-level characteristics on the post-entry performance of new businesses by means of an econometric survival time model. First preference is given to an accelerated failure time model assuming a log-logistic distribution. The data involve a representative sample of businesses in the private sector of West Germany during 1993 to 2002 period. The results demonstrate that the regional dimension is most important; whereas firm-level characteristics play a subordinated role.
Date: 2007
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Published in Applied Economics 16 39(2007): pp. 2039-2048
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Journal Article: Survival chances of new businesses: do regional conditions matter? (2007) 
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Persistent link: https://EconPapers.repec.org/RePEc:lmu:muenar:20493
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