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The survival of new ventures in dynamic versus static markets

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dc.creator Burke, Andrew E.
dc.creator Görg, Holger
dc.creator Hanley, Aoife
dc.date 2005
dc.date.accessioned 2013-10-16T06:22:12Z
dc.date.available 2013-10-16T06:22:12Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/3658
dc.identifier ppn:494676469
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3658
dc.description The paper uses a unique dataset comprising a population of new ventures that enter the UK market in 1998. The data comprises services as well as manufacturing industries. The central hypothesis is that new ventures are differently affected by industry competition and growth in dynamic compared to static markets. Estimation of a hazard function supports this hypothesis. In dynamic markets the survival of new ventures is increasing in industry concentration and decreasing in growth. The same is not true for static markets. The results shed new insights into the dynamics of entrants and highlight some important effects for competition policy.
dc.language eng
dc.publisher Max-Planck-Institut für Ökonomik, Jena
dc.relation Papers on entrepreneurship, growth and public policy 1205
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject L11
dc.subject M13
dc.subject ddc:330
dc.subject New firms
dc.subject Start-ups
dc.subject Survival
dc.subject Tubulence
dc.subject Dynamic markets
dc.subject Unternehmensgründung
dc.subject Unternehmensentwicklung
dc.subject Industrieökonomik
dc.subject Schätzung
dc.subject Großbritannien
dc.title The survival of new ventures in dynamic versus static markets
dc.type doc-type:workingPaper


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