New Firm Creation and Failure: A Matching Approach

Thomas Gries, Stefan Jungblut () and Wim Naudé
Additional contact information
Stefan Jungblut: University of Paderborn

No 39, Working Papers CIE from Paderborn University, CIE Center for International Economics

Abstract: We propose that the rate of creation and failure of new firm start-ups can be modelled as a search and matching process, as in labor market matching models. Deriving an "entrepreneurial" Beveridge curve, we show that a successful start-up depends on the efficiency with which entrepreneurial ability is matched with business opportunity, and outline a number of possible applications of this matching approach to assist in formalizing the economics of entrepreneurship.

Keywords: Entrepreneurship; start-ups; labor market matching (search for similar items in EconPapers)
JEL-codes: L26 M13 O10 O14 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2011-06
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://groups.uni-paderborn.de/wp-wiwi/RePEc/pdf/ciepap/WP39.pdf (application/pdf)

Related works:
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:pdn:ciepap:39

Access Statistics for this paper

More papers in Working Papers CIE from Paderborn University, CIE Center for International Economics Contact information at EDIRC.
Bibliographic data for series maintained by WP-WiWi-Info ( this e-mail address is bad, please contact ) and ( this e-mail address is bad, please contact ).