The post-entry performance of new small firms in German manufacturing-industries

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The post-entry performance of new small firms in German manufacturing-industries. / Wagner, Joachim.
In: Journal of Industrial Economics, Vol. 42, No. 2, 01.06.1994, p. 141-154.

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@article{4bc0bcdce2064ef6a9b6fdb1357babde,
title = "The post-entry performance of new small firms in German manufacturing-industries",
abstract = "While recent years have witnessed a growing interest in research on market entry by new firms, evidence regarding their post-entry performance is scarce. This paper uses longitudinal data for small firms that entered German manufacturing industries between 1979 and 1982 and monitors their performance until 1990. Entrants face a high risk of failure, hazard rates tend to increase during the first years and to decrease afterwards. Decline of employment in a cohort due to exits and shrinking firms is compensated by growing survivors. No clear-cut nexus between start-up size and probability of survival shows up.",
keywords = "Economics",
author = "Joachim Wagner",
year = "1994",
month = jun,
day = "1",
doi = "10.2307/2950486",
language = "English",
volume = "42",
pages = "141--154",
journal = "Journal of Industrial Economics",
issn = "0022-1821",
publisher = "Wiley-Blackwell Publishing Ltd.",
number = "2",

}

RIS

TY - JOUR

T1 - The post-entry performance of new small firms in German manufacturing-industries

AU - Wagner, Joachim

PY - 1994/6/1

Y1 - 1994/6/1

N2 - While recent years have witnessed a growing interest in research on market entry by new firms, evidence regarding their post-entry performance is scarce. This paper uses longitudinal data for small firms that entered German manufacturing industries between 1979 and 1982 and monitors their performance until 1990. Entrants face a high risk of failure, hazard rates tend to increase during the first years and to decrease afterwards. Decline of employment in a cohort due to exits and shrinking firms is compensated by growing survivors. No clear-cut nexus between start-up size and probability of survival shows up.

AB - While recent years have witnessed a growing interest in research on market entry by new firms, evidence regarding their post-entry performance is scarce. This paper uses longitudinal data for small firms that entered German manufacturing industries between 1979 and 1982 and monitors their performance until 1990. Entrants face a high risk of failure, hazard rates tend to increase during the first years and to decrease afterwards. Decline of employment in a cohort due to exits and shrinking firms is compensated by growing survivors. No clear-cut nexus between start-up size and probability of survival shows up.

KW - Economics

UR - https://www.mendeley.com/catalogue/8f0f71c2-8398-37a0-ac9f-4fc19afceb03/

U2 - 10.2307/2950486

DO - 10.2307/2950486

M3 - Journal articles

VL - 42

SP - 141

EP - 154

JO - Journal of Industrial Economics

JF - Journal of Industrial Economics

SN - 0022-1821

IS - 2

ER -

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