Arbeitspapier
New Firm Survival: Industry versus Firm Effects
Recent studies show that the likelihood of survival differs significantly across firms. Both firm and industry characteristics are hypothesized to account for this heterogenity. Using a longitudinal database of manufacturing firms we investigate whether firm or industry characteristics dominate. Our evidence suggests that both firm- and industry-specific characteristics shape new-firm survival during the first years subsequent to entry. However, in the longer run, most of the industry factors have little influence on the likelihood of survival, but firm-specific characteristics still exert a considerable influence in shaping firm survival rates.
- Language
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Englisch
- Bibliographic citation
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Series: Tinbergen Institute Discussion Paper ; No. 97-063/3
- Classification
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Wirtschaft
- Subject
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Unternehmensgründung
Unternehmenserfolg
Niederlande
- Event
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Geistige Schöpfung
- (who)
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Audretsch, David B.
Houweling, Patrick
Thurik, A. Roy
- Event
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Veröffentlichung
- (who)
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Tinbergen Institute
- (where)
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Amsterdam and Rotterdam
- (when)
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1997
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
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
- Audretsch, David B.
- Houweling, Patrick
- Thurik, A. Roy
- Tinbergen Institute
Time of origin
- 1997