Survival chances of new businesses: Do regional conditions matter?
This article analyses the effects of industry-, regional- and firm-level characteristics on the post-entry performance of new businesses by means of an econometric survival time model. First preference is given to an accelerated failure time model assuming a log-logistic distribution. The data involve a representative sample of businesses in the private sector of West Germany during 1993 to 2002 period. The results demonstrate that the regional dimension is most important; whereas firm-level characteristics play a subordinated role.
Year of publication: |
2007
|
---|---|
Authors: | Falck, Oliver |
Institutions: | Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München |
Saved in:
Saved in favorites
Similar items by person
-
The Strength of Direct Ties: Evidence from the Electronic Game Industry
Claussen, Jörg, (2010)
-
Gerechtigkeit zwischen Generationen als Institutionenproblem
Kleinhenz, Gerhard,
-
Arguments for and against Policies to Promote National Champions
Falck, Oliver,
- More ...