find that spinoffs are less likely to exit than other startups. We show that in West and East Germany and in all sectors …Using a 50 percent sample of all establishments in the German private sector, we report that spinoffs are larger and … initially employ more skilled and more experienced workers than other startups. Controlling for these and other differences, we …

find that spinoffs are less likely to exit than other startups. We show that in West and East Germany and in all sectors …Using a 50 percent sample of all establishments in the German private sector, we report that spinoffs are larger and … initially employ more skilled and more experienced workers than other startups. Controlling for these and other differences, we …

find that spinoffs are less likely to exit than other startups. We show that in West and East Germany and in all sectors …Using a 50 percent sample of all establishments in the German private sector, we report that spinoffs are larger and … initially employ more skilled and more experienced workers than other startups. Controlling for these and other differences, we …

establishments’ survival chances differ between East and West Germany and whether they converged over time. I find that new … establishments in East Germany had relatively good survival chances between 1994 and 1997, with no big differences between East and … West Germany. In 1998 and 1999 the exit hazard increased strongly in East but not in West Germany, which is likely to be …