The relationship between innovation and firm survival is analyzed for the population of German laser source producers … from the beginning of the industry until 2005. Innovation effort is approximated by the generation of high quality patents …

knowledge, namely post-entry experience, pre-entry experience, and knowledge acquired by innovative activity. Therefore, a … approach that links instrumental variable estimation with the Cox regression. The main results are that all three knowledge …

Knowledge is one of the most important determinants in single-industry studies of firm survival over the life cycle …. Different kinds of knowledge, namely post-entry experience, pre-entry experience, and knowledge acquired by innovative activity … positively influence the survival chances of firms. This paper investigates how the kinds of knowledge are able to compensate for …