Empirical work studying the industry life cycle highlights the role of knowledge in various forms on the durations firms survive in the industry. This research leaves open the influence of historical events, which are reflected in macroeconomic factors like income, inflation, exports and...

The theory predicts that spino s of successful parents are more successful than others. The success of the parents can be measured in two ways, either in terms of their survival duration or concerning their innovative activity. In this paper, the survival chances of spino s in the German...

We apply various refinements of survival regression to assess the results of some basic specifications based on product life cycle theory for the case of a data set of the German automobile industry. The methods applied pay attention to biases in the coefficient estimates and the standard...

This paper investigates how the survival of firms over the industry life cycle is affected by different kinds of knowledge, namely post-entry experience, pre-entry experience, and knowledge acquired by innovative activity. Therefore, a statistical survival analysis is performed for the German...

Knowledge is one of the most important determinants in single-industry studies of firm survival over the life cycle. Different kinds of knowledge, namely post-entry experience, pre-entry experience, and knowledge acquired by innovative activity positively influence the survival chances of firms....

The theory predicts that spinoffs of successful parents are more successful than others. The success of the parents can be measured in two ways, either in terms of their survival duration or concerning their innovative activity. In this paper, the survival chances of spinoffs in the German...

We apply various refinements of survival regression to assess the results of some basic specifications based on product life cycle theory for the case of a data set of the German automobile industry. The methods applied pay attention to biases in the coefficient estimates and the standard...

In the German automobile industry the vertical integration, as an indicator of value added, is on average low. Beyond the argument of relative high labour costs for manufacturing, several specific reasons for the level of vertical integration, linked to the flexibility of business administration...

In the German automobile industry the vertical integration, as an indicator of value added, is on average low. Beyond the argument of relative high labour costs for manufacturing, several specific reasons for the level of vertical integration, linked to the flexibility of business administration...

We examine how the risk-return profiles of carmakers BMW and Porsche depend on whether car models are produced in the US or Europe. Using data from the US car market we combine a demand system for differentiated products with counterfactual paths to macroeconomic variables. We let prices and...