Survival Chances of Start-Ups - do Regional Conditions Matter?

Konferenzbeitrag

This paper analyses the effect of industry, regional and firm level characteristics on the post entry performance of newly founded 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 dataset involves a representative sample of establishments in the private sector provided by the Institute for Employment Research (IAB). The data relates to West German states during 1993-2002 period. A start-up's The likelihood of failure tends to be relatively high in industries characterized by a high minimum efficient size and high numbers of entries. The regional dimension has a considerable impact upon improvements of estimation results. On the firm level, the size of the firm seems to be the best predictor for the likelihood of failure.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: 45th Congress of the European Regional Science Association: "Land Use and Water Management in a Sustainable Network Society", 23-27 August 2005, Amsterdam, The Netherlands

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Falck, Oliver
• Event: Veröffentlichung
• (who): European Regional Science Association (ERSA)
• (where): Louvain-la-Neuve
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/117403
• Last update: 10.03.2025, 11:43 AM CET