The Determinants of New-firm Survival across Regional Economies

Arbeitspapier

The process of the entrepreneurial decision is decomposed in seven engagement levels ranging from never thought about starting a business to gave up, thinking about it, taking steps for starting up, having a young business, having an older business and no longer being an entrepreneur. By using a multinomial logit model we allow the effect of covariates to differ across the various entrepreneurial engagement levels. Data from two Entrepreneurship Flash Eurobarometer surveys (2002 and 2003) con-taining over 20,000 observations of the 15 old EU member states, Norway, Iceland, Liechtenstein and the US are used. Other than demographic variables, the set of explanatory variables used includes the percep-tion by respondents of administrative complexities, of availability of financial support and of risk tolerance, the respondents preference for self-employment and country specific effects. Among our results we find that the perception of lack of financial support has no discriminative effect across the various levels of en-trepreneurial engagement while perception of administrative complexities plays a negative role only for high levels of engagement.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Papers on Entrepreneurship, Growth and Public Policy ; No. 0407

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Structure and Scope of Government: General ; Labor Demand ; Entrepreneurship ; New Firms; Startups ; Size and Spatial Distributions of Regional Economic Activity
• Thema: entrepreneurship ; determinants ; nascent entrepreneurship ; multinomial logit ; barriers to entry ; Europe ; Unternehmensgründung ; Unternehmensentwicklung ; Region ; Humankapital ; Regionaler Arbeitsmarkt ; USA

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ács, Zoltán J. ; Armington, Catherine ; Zhang, Ting
• Ereignis: Veröffentlichung
• (wer): Max Planck Institute of Economics
• (wo): Jena
• (wann): 2006

Weitere Informationen

• Handle: http://hdl.handle.net/10419/24929
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ