haku: @indexterm technological innovation / yhteensä: 1312
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| Tekijä: | Audretsch, D. B. |
| Otsikko: | New-firm survival and the technological regime. (!Capital intensity) |
| Lehti: | Review of Economics and Statistics
1991 : AUG, VOL. 73:3, p. 441-450 |
| Asiasana: | SMALL BUSINESS INTER-INDUSTRY COMPARISONS TECHNOLOGICAL INNOVATION ECONOMIES OF SCALE MARKET STRUCTURE |
| Kieli: | eng |
| Tiivistelmä: | The survival rates of over 11,000 firms established in 1976 are compared across manufacturing industries. The variation in ten-year survival rates across industries is hypothesized to be the result of differences in the underlying technological regime and industry-specific characteristics, especially the extent of scale economies and capital intensity. New-firm survival is found to be promoted by the extent of small-firm innovative activity. The existence of substantial scale economies and a high capital-labor ratio tends to lower the likelihood of firm survival. Market concentration is found to promote short-run survival, while it has no impact on long-run survival. |
SCIMA