Journal article | Zeitschriftenartikel
Knowledge Compensation in the German Automobile Industry
In studies looking at firm survival over the industry life cycle knowledge is one of the most important determinants. Different kinds of knowledge, namely post-entry experience, pre-entry experience, and knowledge acquired by innovative activity positively influence the sur-vival chances. This paper investigates how the kinds of knowledge are able to compensate each other. Therefore, a statistical survival analysis is performed for the German automobile industry (1886-1939) which applies an estimation approach that links instrumental variables with the Cox regression. The results highlight that innovative activity is able to compensate for lacking post-entry experience, supporting Schumpeterian creative destruction.
- ISSN
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1466-4283
- Extent
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Seite(n): 2941-2951
- Language
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Englisch
- Notes
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Status: Postprint; begutachtet (peer reviewed)
- Bibliographic citation
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Applied Economics
- Subject
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Wirtschaft
Wirtschaftssektoren
Volkswirtschaftstheorie
- Event
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Geistige Schöpfung
- (who)
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Cantner, Uwe
Krüger, Jens
Rhein, Kristina von
- Event
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Veröffentlichung
- (when)
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2009
- DOI
- URN
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urn:nbn:de:0168-ssoar-242758
- Rights
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GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Last update
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21.06.2024, 4:26 PM CEST
Data provider
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
Object type
- Zeitschriftenartikel
Associated
- Cantner, Uwe
- Krüger, Jens
- Rhein, Kristina von
Time of origin
- 2009
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