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We investigate the effects that regional start-up activity has on employment in new and in incumbent businesses. The analysis is performed for West German regions over the 1987-2002 period. It shows that the effects of new businesses on employment in the incumbents are significantly positive and...
Persistent link: https://www.econbiz.de/10003886846
Empirical analyses suggest that the employment creating effect of start-ups is highest in regions with a low level of new business formation and that an increase in the regional start-up rate beyond a certain level may lead to negative employment effect. In explaining these results, we assume...
Persistent link: https://www.econbiz.de/10003887125
Based on an improved and extended database, the Establishment History Panel, we extend the analysis of Fritsch & Weyh (2006) by investigating the development of employment in German start-up co-horts for the period 1976 to 2004. We confirm the typical pattern of an initial increasing and then...
Persistent link: https://www.econbiz.de/10003770441
We investigate whether the supply of venture capital (VC) is driven by spatial proximity between a VC company and the portfolio firm. Our analysis is based on information about VC investments in Germany between 2004 and 2009. We find that possible problems caused by the geographic distance to a...
Persistent link: https://www.econbiz.de/10008688466
We investigate the impact of actors' positions within regional innovator networks on their innovative performance. The networks of four selected regions are based on information on patent applicants and inventors. Count data regressions show positive effects on innovation of both the total...
Persistent link: https://www.econbiz.de/10003887135
We analyze different types of effects that new businesses may have on regional employment. We introduce different measures for employment change by separating employment change in incumbent businesses and employment change in new businesses. There are pronounced differences between regions with...
Persistent link: https://www.econbiz.de/10003768046
We investigate regional differences in the contribution of newly founded businesses to regional employment. This is labeled the direct employment effect of new businesses. The analysis is at the spatial level of West German planning regions for the period 1984-2002. We find rather pronounced...
Persistent link: https://www.econbiz.de/10003770436
This paper investigates economic and subjective effects of public business assistance delivered to nascent entrepreneurs in Germany. Employing cluster analysis, we explore the actual scope and intensity of business assistance used. Then we analyze predictors of take-up and perceived usefulness...
Persistent link: https://www.econbiz.de/10003962517
This paper takes a different perspective toward the escape entry incentive of incumbent firms to innovate. New entrants spawned from incumbents are not necessarily a threat; they can complement incumbents’ production by commercializing knowledge incumbents are not willing or able to exploit....
Persistent link: https://www.econbiz.de/10003796315
The present paper sheds light on how growth of young firms is affected by expansive strategies and the socioeconomic heritage of their main actors. "Socioeconomic heritage" has to do with socialization, prior socioeconomic circumstances, and regional growth conditions; the term is elaborated...
Persistent link: https://www.econbiz.de/10003906043