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The present paper deals with the question whether 'Gibrat's law' is applicable to firms founded between 1989 and 1996 within the Western German manufacturing sector or not. The underlying assumption is that size of a firm has no influence on its growth. Growth is rather determined by a process...
Persistent link: https://www.econbiz.de/10013428190
The paper deals with growth determinants of innovative and noninnovative start-ups in Eastern and Western Germany … external factors on the other side, influencing growth of start-ups in Eastern and Western Germany in different strength …. Higher growth rates can be observed in firms from Western Germany compared with their Eastern German counterparts. Comparing …
Persistent link: https://www.econbiz.de/10013428226
In this paper we examine causal effects of German public assistance programs for young firms administered by the Deutsche Ausgleichsbank (DtA). The empirical analysis is based on a combined data set with information from the ZEW Entrepreneurship Study and the DtA data base that contains all...
Persistent link: https://www.econbiz.de/10013428384
and Western Germany. Descriptive analyses have shown that most firms experience only small positive or negative employment … when separating Eastern and Western Germany as well as using different definitions of fast growing firms. Moreover, the …
Persistent link: https://www.econbiz.de/10013428387
This study applies a full information maximum likelihood (FIML) estimator of the sample selection model with bivariate selection rule for the investigation of the impact of subsidised firm foundation from unemployment on employment growth of the firm. The empirical analysis is based on the ZEW...
Persistent link: https://www.econbiz.de/10013428397
This paper analyzes the medium-term growth performance of firms that exclusively received start-up assistance from programs administered by the Deutsche Ausgleichsbank (DtA), a state owned bank, within two years after startup. I apply a parametric selection approach that controls for two...
Persistent link: https://www.econbiz.de/10013428407
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