A limitation of Audretsch's 1991 study of new-firm survival was the level of aggregation to industries. This precluded linking establishment-specific characteristics, such as organizational structure and size, to post-entry performance. The purpose of this paper is to relate the post-entry...

Based on a longitudinal data base we test the "liability of adolescence" hypothesis which states that new firm hazard rates follow an inverted U-shaped pattern. That is, the hazard rate is low for the initial period; the end of adolescence is marked by a hazard maximum, from which then rate...

The purpose of this paper is to test the hypotheses of firm selection and industrial evolution derived from the theory of industrial economics, as well as to test the theoretical assumption of the organization ecology. The data used for the empirical research is based on the Chamber of...

A number of studies have been undertaken on industry dynamics or about the process by which new firms either survive and grow, or else exit from the industry. A new literature has emerged in the last few years, which focuses on the question, what happens to new firms subsequent to their entry?,...

Does geographic region or industry differences matter more in determining the likelihood of survival ? To answer this question, we compare the exit rates of new business firms for two German cities across a broad range of manufacturing and non-manufacturing sectors. Based on all business firms...

Based on a longitudinal data base the hazard rate of over 12,000 newly established plants in U.S. manufacturing industry in 1976 are estimated and then compared between low and high-tech industries. It is found that the hazard rate differs across industries, and it also varies between low- and...