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

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

No 2004/04, Freiberg Working Papers from TU Bergakademie Freiberg, Faculty of Economics and Business Administration

Abstract: We analyze the effect of industry, region and time on new-business survival rates by means of a multi-dimensional approach. The data relate to West German districts in the 1983-2000 period. The survival chances of start-ups tend to be relatively low in industries characterized by a high minimum efficient size and high numbers of entries. Regional growth has a rather pronounced positive influence on survival rates, while the relationship between the nationwide development of the particular industry and survival tends to be negative. We also find a remarkably high level of spatial autocorrelation.

Keywords: New-firm survival; hazard; entry; market selection; Überleben von Gründungen; Hazard; Marktzutritt; Marktselektion (search for similar items in EconPapers)
JEL-codes: D21 L10 M13 R10 (search for similar items in EconPapers)
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

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Related works:
Journal Article: The Effect of Industry, Region, and Time on New Business Survival – A Multi-Dimensional Analysis (2006)
Working Paper: The effect of industry, region, and time on new business survival - A multi-dimensional analysis (2006)
Working Paper: The Effect of Industry, Region and Time on New Business Survival - A Multi-Dimensional Analysis (2004)
Working Paper: The effect of industry, region and time on new business survival: A multi-dimensional analysis (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:tufwps:200404

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