Emergence and Survival of New Businesses (eBook)

Preface 6
Contents 7
1 Introduction, Summary, and Conclusions 9
1.1 Basic Conditions in Germany: A Stylized Review 9
1.2 Data and Methods of Analysis 10
1.3 Growth and Employment Effects of New Business Formation 12
1.4 Determinants of the Emergence and Survival of New Businesses 14
1.5 Summary and Policy Conclusions 16
2 The Effects of New Business Formation on Industry Growth1 18
2.1 Introduction 18
2.2 Long-Run Effects of New Business Formation on Growth 19
2.3 Data 20
2.4 Estimation Procedure Procedure Procedure Procedure Procedure Procedure Procedure 27
2.5 Results 28
2.6 Discussion and Policy Conclusions 32
3 New Businesses and Regional Development1 35
3.1 Introduction 35
3.2 “New” Location Factors 37
3.3 Regional Growth Regimes 42
3.4 Findings 53
3.5 Implications 55
4 New Business Formation by Industry over Space and Time1 57
4.1 Introduction 57
4.2 Hypotheses and Main Empirical Findings 59
4.3 Overview of New Business Formation in Germany 62
4.4 New Business Formation by Industry over Space and Time Time Time Time 69
4.5 Multivariate Analysis 71
4.6 Results 80
4.7 Conclusions 87
5 New Business Survival by Industry over Space and Time1 90
5.1 Introduction 90
5.2 Hypotheses 91
5.3 Data and Measurement Issues 95
5.4 The General Survival Pattern 97
5.5 Multivariate Analysis 103
5.6 Conclusions 111
6 Micro-Econometric Survival Analysis of New Businesses1 113
6.1 Introduction 113
6.2 Theoretical Framework and Hypotheses 114
6.3 The Survival Pattern of New Businesses in Germany 118
6.4 Estimation Procedure 122
6.5 Multivariate Analysis 124
(8) 128
6.6 Conclusions 129
References 131
Index 140