New Firm Formation by Industry over Space and Time: A Multi-Level Analysis

Arbeitspapier

We apply a multi-level approach to analyze simultaneously the effects of three groups of determinants on new firm formation: industry, location and change over time. The data is for West Germany and covers the 1983-97 period. Our analysis indicates that innovation activities and the technological regime play a significant role in new firm formation processes. There are some differences with regard to the impact of a number of variables on start-ups in manufacturing and the service sector. Changes in demand are conducive to new firm formation while a high level of unemployment in a region obviously creates a relatively uncomfortable environment for setting up new businesses.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: DIW Discussion Papers ; No. 322

Classification and Topics

• Classification: Wirtschaft ; General Regional Economics (includes Regional Data) ; Market Structure, Firm Strategy, and Market Performance: General ; Firm Behavior: Theory
• Subject: New firm formation ; industrial economics ; regional economics ; entrepreneurship ; Unternehmensgründung ; Branche ; Region ; Schätzung ; Alte Bundesländer ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Fritsch, Michael ; Falck, Oliver
• Event: Veröffentlichung
• (who): Deutsches Institut für Wirtschaftsforschung (DIW)
• (where): Berlin
• (when): 2003

Further information

• Handle: http://hdl.handle.net/10419/18058
• Last update: 10.03.2025, 11:46 AM CET