Stel, Adriaan J. van; Storey, David J. - Max-Planck-Institut für Ökonomik <Jena> - 2004
-firm startups and employment growth has previously been examined either with no time-lag or with only a short period lag. We find …, for GB as a whole, no significant relationship between startups and employment creation in the 1980s, but a negative … questions over policies designed to raise rates of new firm formation as a strategy for employment creation, particularly in …