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Securing Their Future? Entry And Survival In The Information Security Industry
Arora, Ashish - 2007
entrants perform better relative to startups. Contrary to earlier studies, we find that spin-offs do not perform any better … performance of incumbent Information and Communication Technologies (ICT) firms compared to startups. We find that diversifying … than other startups. Moreover, firms founded by serious hobbyists and tinkerers, whom we call hackers, perform markedly …
Persistent link: https://www.econbiz.de/10012465005
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Export Entry and Exit by German Firms
Bernard, Andrew B. - 1998
This paper examines the decision to enter the export market by German firms. While exports have played an important role in recent German business cycle movements, little is known about the export supply response of German firms. This paper presents a dynamic model of the export decision by a...
Persistent link: https://www.econbiz.de/10012472269
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Redesigning the Longitudinal Business Database
Chow, Melissa C.; Fort, Teresa C.; Goetz, Christopher F.; … - National Bureau of Economic Research - 2021
In this paper we describe the U.S. Census Bureau's redesign and production implementation of the Longitudinal Business Database (LBD) first introduced by Jarmin and Miranda (2002). The LBD is used to create the Business Dynamics Statistics (BDS), tabulations describing the entry, exit,...
Persistent link: https://www.econbiz.de/10012533388
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From Russia with Love : The Impact of Relocated Firms on Incumbent Survival
Falck, Oliver - 2010
Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent … expropriation. We show that the regional location decisions of these firms upon moving to western Germany were driven by non …
Persistent link: https://www.econbiz.de/10012462515
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Employee Spinoffs and Other Entrants : Stylized Facts from Brazil
Hirakawa, Oana - 2010
time to compare firms founded as employee spinoffs to new firms without parents and to diversification ventures of existing … firms entering a new industry. Employee spinoffs are defined either as the director/manager having moved from a parent in …, employee spinoffs account for between one-sixth and one-third of the new firms in Brazil's private sector during this period …
Persistent link: https://www.econbiz.de/10012463012
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Creative Destruction in Industries
Jovanovic, Boyan - 2006
Most industries go through a "shakeout" phase during which the number of producers in the industry declines. Industry output generally continues to rise, however, which implies a reallocation of capacity from exiting firms to incumbents and new entrants. Thus shakeouts seem to be classic...
Persistent link: https://www.econbiz.de/10012466146
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Lack of Selection and Limits to Delegation : Firm Dynamics in Developing Countries
Akcigit, Ufuk - 2016
Managerial delegation is essential for firm growth. While firms in poor countries often shun outside managers and instead recruit among family members, the pattern is quite the opposite for firms in rich countries. In this paper, we ask whether these differences in managerial delegation have...
Persistent link: https://www.econbiz.de/10012456767
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A Unified Theory of Firm Selection and Growth
Arkolakis, Costas - 2011
This paper studies the effects of marketing choice to firm growth. I assume that firm-level growth is the result of idiosyncratic productivity improvements with continuous arrival of new potential producers. A firm enters a market if it is profitable to incur the marginal cost to reach the first...
Persistent link: https://www.econbiz.de/10012461105
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Exiting from QE
Hayashi, Fumio - 2014
We develop a regime-switching SVAR (structural vector autoregression) in which the monetary policy regime, chosen by the central bank responding to economic conditions, is endogenous and observable. There are two regimes, one of which is QE (quantitative easing). The model can incorporate the...
Persistent link: https://www.econbiz.de/10012458728
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Value without Employment
Barkai, Simcha; Panageas, Stauros - National Bureau of Economic Research - 2021
Young firms' contribution to aggregate employment has been underwhelming. However, a similar trend is not apparent in their contribution to aggregate sales or aggregate stock market capitalization. We study the implications of the arrival of "low marginal - high average" revenue-product-of-labor...
Persistent link: https://www.econbiz.de/10012660092