Knowledge Compensation in the German Automobile Industry

Abstract: 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

Object Details

• Location: Deutsche Nationalbibliothek Frankfurt am Main
• Extent: Online-Ressource
• Language: Englisch
• Notes: Postprint ; begutachtet (peer reviewed) ; In: Applied Economics (2009) ; 2941-2951

Classification and Topics

• Classification: Wirtschaft
• Keyword: Kraftfahrzeugindustrie ; Unternehmensentwicklung ; Wissen ; Innovation ; Industrieökonomie ; Schätzung ; :z Geschichte 1886-1939 ; Deutschland

Contributors, Places and Time

• Event: Veröffentlichung
• (where): Mannheim
• (when): 2009
• Creator: Cantner, Uwe ; Krüger, Jens ; Rhein, Kristina von

Further information

• DOI: 10.1080/00036840902762738
• URN: urn:nbn:de:0168-ssoar-242758
• Rights: Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Last update: 25.03.2025, 1:55 PM CET