two hypotheses. First, does hit-andrun competition secure efficiency in an industry? Second, do innovative startups lead … either mayflies or longdistance runners. -- Entry and exit ; growth ; hit-and-run competition ; innovation ; dynamic panel …

potential for both negative displacement/competition effects as well as positive knowledge spillover and linkage effects on new …

regional level (see Fritsch, 2008, for a survey) which suggests that competition among incumbent firms is caused by (lagged …) start-up rates. Contrary to earlier research the present paper employs a direct measure of the level of competition between …