Arbeitspapier
The survival of new ventures in dynamic versus static markets
The paper uses a unique dataset comprising a population of new ventures that enter the UK market in 1998. The data comprises services as well as manufacturing industries. The central hypothesis is that new ventures are differently affected by industry competition and growth in dynamic compared to static markets. Estimation of a hazard function supports this hypothesis. In dynamic markets the survival of new ventures is increasing in industry concentration and decreasing in growth. The same is not true for static markets. The results shed new insights into the dynamics of entrants and highlight some important effects for competition policy.
- Sprache
-
Englisch
- Erschienen in
-
Series: Papers on Entrepreneurship, Growth and Public Policy ; No. 1205
- Klassifikation
-
Wirtschaft
Production, Pricing, and Market Structure; Size Distribution of Firms
New Firms; Startups
- Thema
-
Start-ups
Survival
Tubulence
Dynamic markets
New firms
Unternehmensgründung
Unternehmensentwicklung
Industrieökonomik
Schätzung
Großbritannien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Burke, Andrew E.
Görg, Holger
Hanley, Aoife
- Ereignis
-
Veröffentlichung
- (wer)
-
Max Planck Institute for Research into Economic Systems
- (wo)
-
Jena
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Burke, Andrew E.
- Görg, Holger
- Hanley, Aoife
- Max Planck Institute for Research into Economic Systems
Entstanden
- 2005
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