effects on incumbents are considerably larger than the employment that is directly generated in the start-ups. We draw …We investigate the effects that new business formation has on employment in incumbent firms and compare it to the … development in the start-ups. The analysis is performed for West German regions over the 1984-2002 period. It shows that the …

We investigate the effects that regional start-up activity has on employment in new and in incumbent businesses. The … employment in the incumbents are significantly positive and that this indirect effect on incumbent employment leads to more jobs … driven by start-ups that survive a certain period of time. We draw conclusions for policy and for further research …

Recent empirical research has found that the effect of new business formation on employment emerges over a period of … of new business formation on employment change into direct and indirect effects. The results indicate that indirect … regional differences of the employment change generated by new business formation can to a large part be explained by …

. To this end, we use panel data based on the social security records of the German Federal Employment Agency. We find that …