Arbeitspapier
Mayflies and long-distance runners: The effects of new business formation on industry growth
This paper analyzes the effects of new business formation on industry growth. Dynamic panel techniques are used to test two hypotheses. First, does hit-andrun competition secure efficiency in an industry? Second, do innovative startups lead to amplified innovations by diminishing the knowledge filter? The results illustrate how new businesses can be viewed as either mayflies or longdistance runners.
- Language
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Englisch
- Bibliographic citation
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Series: Passauer Diskussionspapiere - Volkswirtschaftliche Reihe ; No. V-39-05
- Classification
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Wirtschaft
Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices
New Firms; Startups
Innovation and Invention: Processes and Incentives
One, Two, and Multisector Growth Models
- Subject
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Entry and exit
growth
hit-and-run competition
innovation
dynamic panel techniques
- Event
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Geistige Schöpfung
- (who)
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Falck, Oliver
- Event
-
Veröffentlichung
- (who)
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Universität Passau, Wirtschaftswissenschaftliche Fakultät
- (where)
-
Passau
- (when)
-
2005
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Falck, Oliver
- Universität Passau, Wirtschaftswissenschaftliche Fakultät
Time of origin
- 2005
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