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survival and financial viability of aided firms. Using a comprehensive dataset we find that restructuring aid increases a firm …'s average survival time by 8 to 15 years and decreases the hazard rate by 58 to 68 percent, depending on the definition of firm … survival. Further analysis finds strong support that, in the longer run, aid receiving firms have a significantly higher …
Persistent link: https://www.econbiz.de/10011460751
For academic spin-offs I analyze the length of time between the founder's leaving of academia and the establishment of his firm. Technology transfer can take place even years after leaving the mother institution. A duration analysis reveals that a longer time-lag is caused by the necessity of...
Persistent link: https://www.econbiz.de/10010298044
For academic spin-offs I analyze the length of time between the founder's leaving of academia and the establishment of his firm. Technology transfer can take place even years after leaving the mother institution. A duration analysis reveals that a longer time-lag is caused by the necessity of...
Persistent link: https://www.econbiz.de/10005098330
) determine positively the growth and survival of young venture-backed firms. The definition of venture-backed firms is based on a …
Persistent link: https://www.econbiz.de/10010297897
, profits, survival rate, growth, and their probability of receiving Venture Capital (VC) financing while taking into account … by a prospect of higher long-term performance conditional on survival. BDA-adopting start-ups perform better than …
Persistent link: https://www.econbiz.de/10014476290
) determine positively the growth and survival of young venture-backed firms. The definition of venture-backed firms is based on a …
Persistent link: https://www.econbiz.de/10005097713
The paper investigates whether (unsubsidised) fixed-term contracts (FTCs) are a means of integration for the unemployed in the West German labour market. This is done by analysing whether entering into an FTC improves the employment opportunities of an unemployed person in terms of the...
Persistent link: https://www.econbiz.de/10010297300
Exploiting the unique economic situation after German unification, I investigate how exit decisions deviate between new firms in a transition and a comparatively stable market environment. Two competing exit mechanisms are considered: entrepreneurial self-selection via voluntary liquidation and...
Persistent link: https://www.econbiz.de/10010297338
In Finland the elderly unemployed are allowed to collect unemployment benefits up to the age of 60, when they can retire via a particular unemployment pension. In 1997 the eligibility age of persons benefiting from this scheme was raised from 53 to 55. We consider changes in the risk of...
Persistent link: https://www.econbiz.de/10010297387
We use a multivariate hazard model for the analysis of data on the timing of ratifications of different conventions. The model accounts for two random effects, one at the country level and the other at the convention level. We use a semi-parametric Bayesian approach, based on the partial...
Persistent link: https://www.econbiz.de/10010297432