| Preface | 6 |
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| Contents | 7 |
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| 1 Introduction, Summary, and Conclusions | 9 |
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| 1.1 Basic Conditions in Germany: A Stylized Review | 9 |
| 1.2 Data and Methods of Analysis | 10 |
| 1.3 Growth and Employment Effects of New Business Formation | 12 |
| 1.4 Determinants of the Emergence and Survival of New Businesses | 14 |
| 1.5 Summary and Policy Conclusions | 16 |
| 2 The Effects of New Business Formation on Industry Growth1 | 18 |
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| 2.1 Introduction | 18 |
| 2.2 Long-Run Effects of New Business Formation on Growth | 19 |
| 2.3 Data | 20 |
| 2.4 Estimation Procedure Procedure Procedure Procedure Procedure Procedure Procedure | 27 |
| 2.5 Results | 28 |
| 2.6 Discussion and Policy Conclusions | 32 |
| 3 New Businesses and Regional Development1 | 35 |
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| 3.1 Introduction | 35 |
| 3.2 “New” Location Factors | 37 |
| 3.3 Regional Growth Regimes | 42 |
| 3.4 Findings | 53 |
| 3.5 Implications | 55 |
| 4 New Business Formation by Industry over Space and Time1 | 57 |
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| 4.1 Introduction | 57 |
| 4.2 Hypotheses and Main Empirical Findings | 59 |
| 4.3 Overview of New Business Formation in Germany | 62 |
| 4.4 New Business Formation by Industry over Space and Time Time Time Time | 69 |
| 4.5 Multivariate Analysis | 71 |
| 4.6 Results | 80 |
| 4.7 Conclusions | 87 |
| 5 New Business Survival by Industry over Space and Time1 | 90 |
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| 5.1 Introduction | 90 |
| 5.2 Hypotheses | 91 |
| 5.3 Data and Measurement Issues | 95 |
| 5.4 The General Survival Pattern | 97 |
| 5.5 Multivariate Analysis | 103 |
| 5.6 Conclusions | 111 |
| 6 Micro-Econometric Survival Analysis of New Businesses1 | 113 |
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| 6.1 Introduction | 113 |
| 6.2 Theoretical Framework and Hypotheses | 114 |
| 6.3 The Survival Pattern of New Businesses in Germany | 118 |
| 6.4 Estimation Procedure | 122 |
| 6.5 Multivariate Analysis | 124 |
| (8) | 128 |
| 6.6 Conclusions | 129 |
| References | 131 |
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| Index | 140 |