اسپین آف شرکت ها در دانمارک 1981-2000 - الگوهای ورود و خروج
|کد مقاله||سال انتشار||مقاله انگلیسی||ترجمه فارسی||تعداد کلمات|
|51028||2006||20 صفحه PDF||سفارش دهید||10140 کلمه|
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)
Journal : International Journal of Industrial Organization, Volume 24, Issue 5, September 2006, Pages 1021–1040
This paper adds large sample evidence on the extent to which the likelihood of business failure or success is related to relationships between parent firms and their ‘off-spring’. For this purpose we make use of an exhaustive matched employer–employee data set covering the entire Danish private sector in years 1981 to 2000 to study firm entry and exit. Special focus is on spin-offs, a particular group of small entrants, which are founded by groups of persons originating from the same former workplace. We estimate a multinomial logit model in order to examine which characteristics of the founders and the parent firms increase the probability of spinning off. Next, we carry out a duration analysis of the subsequent transitions of the spin-offs, and compare their exit risks with those of other entrant firms, which have less strong parent–progeny relationships in terms of worker flows.