ENGLISH

Emergence and Survival of New Businesses: Econometric Analyses

Book information

Publisher
Physica-Verlag Heidelberg
Year
2007
ISBN
978-3-7908-1947-2, 978-3-7908-1948-9
DOI
10.1007/978-3-7908-1948-9
Language
english
Format
PDF
Filesize
3 MB (3524348 bytes)
Series
Contributions to Management Science
Edition
1
Pages
140\142
Orientation
yes
Scanned
yes
Time added
2013-08-01 04:00:00

Description

Two very topical research questions are addressed in this book: Which are the determinants of new business formation and their survival, and will business start-ups, especially in the service sector, create employment and thereby generate growth? The analysis is based on a unique dataset consisting of the population of all businesses with at least one employee under social security in Germany in all private industries (manufacturing and services). State-of-the-art econometric techniques are used throughout the book, taking into account the multi-dimensional character of the determinants. Using Germany as an example, the book gives a comprehensive review on entrepreneurial activity, and draws the general conclusion that new businesses should not be subsidized with a watering can.

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