Formation, growth and survival; Small firm dynamics in the U.S. Economy

Phillips, Bruce D.; Kirchhoff, Bruce A.

doi:10.1007/bf00389917

Cited by 303 publications

(180 citation statements)

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“…Finally, we will discuss the implications of our findings for economic theory. Recent theories on job creation and job destruction that take account of firm size are those of White (1982), Brock and Evans (1989), Phillips and Kirchhoff (1989), Loveman and Sengenberger (1991) and Gertler and Gilchrist (1994).…”

Section: Introductionmentioning

confidence: 99%

Untitled

Broersma

Gautier

1997

Small Business Economics

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Section: Introductionmentioning

confidence: 99%

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Broersma

Gautier

1997

Small Business Economics

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“…L'âge est une variable qui revient dans la plupart des études sur la croissance des entreprises ; normalement, les jeunes entreprises sont plus propices à grandir que les entreprises plus âgées et bien établies (Evans, 1987). L'âge est aussi fortement associé aux possibilités de survie d'une entreprise : une jeune entreprise qui croît double sa probabilité de survie par rapport à une jeune entreprise qui ne croît pas (Phillips et Kirchhoff, 1989). Diverses hypothèses peuvent aussi être émises en ce qui a trait à la gouvernance.…”

Section: Choix De Variables De Descriptionunclassified

Les entreprises à forte croissance et leur contribution à l’emploi : le cas de la Suède 1987-1996

Davidsson¹,

Delmar

2012

ipme

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Cette étude explore la manière dont les entreprises à forte croissance en Suède contribuent à la création d’emplois. Avec un échantillon composé de toutes les entreprises en Suède ayant plus de 20 employés et en activité en 1996 (n = 11 748), nous avons analysé leurs développements annuels au cours des dix dernières années (soit de 1987 à 1996). Nous avons défini un échantillon d’entreprises à forte croissance comprenant les 10 % qui ont le plus contribué en moyenne annuelle absolue à la croissance d’emplois (n = 1153). Les résultats indiquent que les entreprises jeunes et de taille moyenne, souvent dans des industries jeunes et en croissance, créent la majeure partie des nouveaux emplois. Néanmoins, la contribution totale à la création d’emplois par les entreprises en forte croissance est inférieure à celle des entreprises récemment établies. Des implications pour la recherche et les pratiques sont offertes.This study explores how high-growth firms in Sweden contribute to job creation. Using the population of all firms in Sweden with more than 20 employees in existence in 1996 (n = 11,748), we analysed their annual development for the previous ten years (1987 to 1996). We defined as a sub-sample of high growth firms those 10 % of all firms that contributed most in annual average absolute employment growth (n = 1153). The results indicate that young and medium sized firms, often in young and growing industries, create new jobs to a great extent. However, the total contribution to job creation by high growth firms is less than that of newly established firms. Implications for research and practice are offered.Este estudio explora la contribución de las empresas de alto crecimiento a la creación de empleo en Suecia. Usando la población completa de las empresas Suecas en existencia en 1996 con más de 20 empleados, analizamos su desarollo annual, por cada año, durante los últimos 10 años (1987-1996). De ésta población de todas las empresas en Suecia, definimos cómo sub-selección de las empresas de alta crecimiento al 10 % que contribueron más al medio crecimiento de empleo absoluto sobre una base annual (n = 1153). Los resultados indican que las empresas jovenes y medianas, a menudo provenidas de industrias jovenes y en crecimiento, crean la mayor parte de los nuevos trabajos. No obstante, la contribución a la creación de empleo total por las empresas de alto crecimiento, es inferior que aquella de las empresas recientimento establecidas. Implicaciones para la investigación y la practica son ofrecidas.Diese Untersuchung erklärt, wie die stark wachsenden Unternehmen in Schweden zur Arbeitsplatzgründung beitragen. Bei allen schwedischen Unternehmen mit mehr als 20 Mitarbeitern des Jahres 1996 (n =11 748) haben wir die jährlichen Entwicklungen für die vergangenen 10 Jahre analysiert (von 1987 bis 1996). Wir haben eine Stichprobe von 10 % stark wachsenden Unternehmen definiert, die ein Beschäftigtenwachstum über dem absoluten jährlichen Durchschnitt aufweisen (n =1153). Die Ergebnisse zeigen auf, dass die jungen Unterneh...

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“…Evans (1987), Phillips and Kirchoff (1989), Audretsch (1991)). Additional to these results the purpose of our study is to ascertain the relative importance of industryspecific variables and the characteristics of the region in explaining the time period between firm birth and its disappearance from economic activity.…”

Section: Determinants Of Survival and Exit Of Start-up Companiesmentioning

confidence: 99%

Survival, Growth, and Interfirm Collaboration of Start-Up Companies in High Technology Industries: A Case Study of Upper Bavaria

Hampe

Steininger²

2002

Contributions to 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. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent, nonprofit limited liability company (Gesellschaft mit beschränkter Haftung) supported by the Deutsche Post AG. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks, research support, and visitors and doctoral programs. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. The current research program deals with (1) mobility and flexibility of labor markets, (2) internationalization of labor markets and European integration, (3) the welfare state and labor markets, (4) labor markets in transition, (5) the future of work, (6) project evaluation and (7) general labor economics. Terms of use: Documents in D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. Our analysis of the survival of firms leads to the important result that the hypotheses about differences between various industries in the life duration of new firms and about the importance of the region of location for the probability of survival are confirmed. Many more enterprises are founded in the service sector than in manufacturing, but also many more of these start-ups die.The probable life duration in agglomeration areas is in total greater than in rural areas. The analysis of the determinants of the hazard rates of firms confirmed the additional hypothesis that a larger number of employees at the time of foundation and the legal form of the limited company reduce the risk of exit. The growth of employment in firms interviewed by us shows a similar sectoral and regional differentiation as the life duration. The survey found that sectors with a greater proportion of cooperating firms have a greater growth rate. The innovation activities however do hardly differ between the analysed high-tech industries. Cooperation between start-up firms can be interpreted as a kind of mutual assistence which results predominantly from personal contacts. The personal networks which developed from the environment of the entre...

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Formation, growth and survival; Small firm dynamics in the U.S. Economy

Cited by 303 publications

References 0 publications

Untitled

Untitled

Les entreprises à forte croissance et leur contribution à l’emploi : le cas de la Suède 1987-1996

Survival, Growth, and Interfirm Collaboration of Start-Up Companies in High Technology Industries: A Case Study of Upper Bavaria

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