Economic integration and new firm formation: Britain's impact on Irish enterprise

Burke, Andrew

doi:10.1007/bf00157666

“…It may therefore be reasonable to assume that the market conditions in the UK are important determinants for the performance of Irish firms, and the entry decisions of new Irish firms (see Burke, 1996). Based on this assumption, we calculate the industry growth, size, and minimum efficient scale variables described in equation (2) comparability to our Irish data.…”

Section: Uk Sectoral Characteristicsmentioning

confidence: 99%

Multinational companies and indigenous development: An empirical analysis

Görg

¹

,

Strobl

²

2016

World Scientific Studies in International Economics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AcknowledgementsThe authors are grateful to Frank Barry for helpful comments and suggestions. They also thank

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“…It may therefore be reasonable to assume that the market conditions in the UK are important determinants for the performance of Irish firms, and the entry decisions of new Irish firms (see Burke, 1996). Based on this assumption, we calculate the industry growth, size, and minimum efficient scale variables described in equation (2) using data for the UK available from the Census of Production, for 20 manufacturing sectors over the period 1980 -1990 as constrained by availability and 16 This implicitly assumes that the importance of linkages between the 20 sectors is time invariant and that the 1993 data are representative of these relationships.…”

Section: Uk Sectoral Characteristicsmentioning

confidence: 99%

Multinational companies and indigenous development: An empirical analysis

Görg

¹

,

Strobl

²

2002

European Economic Review

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AcknowledgementsThe authors are grateful to Frank Barry for helpful comments and suggestions. They also thank

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“…Carree and Thurik (1996) and Burke (1996) are exceptions but we will explain in Appendix 1 why these approaches are incomplete; only considering part of the disequilibrium effect and using techniques with overly restrictive (unrealistic) economic properties.…”

Section: The Role Of Entrepreneurship In Disequilibriummentioning

confidence: 97%

Entry and exit in disequilibrium

Burke

¹

,

Stel

²

2014

Journal of Business Venturing

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Most entrepreneurship theory depicts disequilibrium as the most common state for entrepreneurial activity and yet remarkably very little empirical research investigates the role of entry and exit in this type of external environment. Drawing on economics and organizational ecology we outline reasons why the interrelation between entry, exit and incumbent firms is likely to vary when the actual number of firms is higher or lower than the number that a market can sustain. We also introduce a new empirical methodology to explain entry and exit levels in two different types of disequilibria comprising situations when markets under and over shoot carrying capacity. Using a data set on the retail industry, we find that in undershoots a lack of competition between incumbent firms restores equilibrium by creating room for new-firm entry. In contrast, in overshoots competition induced by new firms (in particular strong displacement) restores equilibrium. We also find that equilibrium-restoring mechanisms are faster in over than undershoots. The results highlight that the behaviour and impact of entry and exit varies depending on the type of disequilibrium.

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Economic integration and new firm formation: Britain's impact on Irish enterprise

Abstract: Economic integration, firm start-up, enterprise, L10, R11,

Cited by 6 publications

References 10 publications

Multinational companies and indigenous development: An empirical analysis

Multinational companies and indigenous development: An empirical analysis

Multinational companies and indigenous development: An empirical analysis

Entry and exit in disequilibrium

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