Arbeitspapier

The effect of new firm formation on regional development over time

In our analysis of the impact of new firm formation on regional employment change we identified considerable time lags. We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on regional employment. The results indicate that the indirect effects of new firm formation (crowding-out of competitors, improvement of supply conditions and improved competitiveness) are of greater magnitude than the direct effect, i.e., the jobs that are created in the new businesses. The peak of the positive impact of new firms on regional development is reached about eight years after the new firms have been started.

Language
Englisch

Bibliographic citation
Series: Freiberger Arbeitspapiere ; No. 2004/01

Classification
Wirtschaft
New Firms; Startups
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Subject
Regional growth
new firms
entrepreneurship
time lags
Regionalentwicklung
Unternehmensgründungen
Entrepreneurship
Time Lags
Unternehmensgründung
Entrepreneurship-Ansatz
Regionale Entwicklung
Lag-Modell
Schätzung
Deutschland

Event
Geistige Schöpfung
(who)
Fritsch, Michael
Mueller, Pamela
Event
Veröffentlichung
(who)
Technische Universität Bergakademie Freiberg, Fakultät für Wirtschaftswissenschaften
(where)
Freiberg
(when)
2004

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
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

  • Fritsch, Michael
  • Mueller, Pamela
  • Technische Universität Bergakademie Freiberg, Fakultät für Wirtschaftswissenschaften

Time of origin

  • 2004

Other Objects (12)