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Cited by 843

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New-Firm Survival and the Technological Regime

Audretsch, David B.·1991·The Review of Economics and Statistics
DOI 10.2307/2109568
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Abstract

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. Based on 295 four-digit standard industrial classification industries, 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. However, these results apparently vary considerably with the time interval considered. Market concentration is found to promote short-run survival, while it has no impact on long-run survival. Copyright 1991 by MIT Press.

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Metadata

Authors
Audretsch, D. B.
Venue
The Review of Economics and Statistics
Publisher
JSTOR
Published
1991-08
Volume
73
Issue
3
Pages
441
ISSN
0034-6535 (ISSN-L)
DOI
10.2307/2109568
OpenAlex
W1987979830
Cited by
843
References
0
FWCI
29.50
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: New-Firm Survival and the Technological Regime. https://app.cochat.ai/papers/10.2307/2109568
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Audretsch, D. B. (1991). New-Firm Survival and the Technological Regime. The Review of Economics and Statistics. https://doi.org/10.2307/2109568

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Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.