In our analysis of the impact of new business formation on regional employment change we identified considerable time lags. We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on...

Fritsch M. and Mueller P. (2004) Effects of new business formation on regional development over time, Regional Studies38, 961-975. In the analysis of the impact of new business formation on regional employment change, considerable time lags were identified. The structure and extent of these time...