Schneck, Stefan; May-Strobl, Eva - Institut für Mittelstandsforschung (IfM) Bonn - 2014
This paper utilizes German tax data to present evidence about the direct and indirect effects of new firm formation. Cohort analysis is applied to investigate survival, sales, inputs, and value added of start-up firms. Most drop-outs occur in the early years. We show that start-up...