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
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 97-063/3

Classification
Wirtschaft
Subject
Unternehmensgründung
Unternehmenserfolg
Niederlande

Event
Geistige Schöpfung
(who)
Audretsch, David B.
Houweling, Patrick
Thurik, A. Roy
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
1997

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Audretsch, David B.
  • Houweling, Patrick
  • Thurik, A. Roy
  • Tinbergen Institute

Time of origin

  • 1997

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