Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 1997-06-13
Number: 97-063/3
Author-Name: David B. Audretsch
Author-Workplace-Name: The Georgia State University
Author-Name: Patrick Houweling
Author-Workplace-Name: Centre for Advanced Small Business Economics, Erasmus University Rotterdam
Author-Name: A. Roy Thurik
Author-Email: thurik@few.eur.nl
Author-Workplace-Name: EIM Small Business Research and Consultancy and Erasmus University Rotterdam
Title: New Firm Survival: Industry versus Firm Effects
Abstract: Recent studies show that the likelihood of survival differs significantly across firms. Both firm and industry characteristics are hypothesized to account for this heterogenity. Using a longitudinal database of manufacturing firms we investigate whether firm or industry characteristics dominate. Our  evidence suggests that both firm- and industry-specific characteristics shape new-firm survival during the first years subsequent to entry. However, in the longer run, most of the industry factors have little influence on the likelihood of survival, but firm-specific characteristics still exert a considerable influence in shaping firm survival rates.
File-Url: https://papers.tinbergen.nl/97063.pdf
File-Format: application/pdf
File-Size: 37153 bytes
Handle: RePEc:tin:wpaper:19970063