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Characteristics and performance of new firms and spinoffs in Sweden

Andersson, Martin LU and Klepper, Steven (2013) In Industrial and Corporate Change 22(1). p.245-280
Abstract
We analyse the rate of formation, the characteristics, and the performance of different types of new firms in Sweden over a decade. Comparisons with Denmark, Brazil, and the United States suggest that the environment for new firm formation in Sweden is not markedly different than elsewhere. In line with previous studies, spin-offs of incumbents perform better than other types of new firms, particularly if their parent firm continues to operate. A novel finding is that the larger the size of their parent, the greater is the rate of employment growth of spin-offs. This contrasts sharply with findings for firms with a single owner.
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
in
Industrial and Corporate Change
volume
22
issue
1
pages
245 - 280
publisher
Oxford University Press
external identifiers
  • wos:000314117600009
  • scopus:84873250504
ISSN
0960-6491
DOI
10.1093/icc/dts046
language
English
LU publication?
yes
id
5d8fb7e9-6809-4629-94b8-530c5f527454 (old id 3591114)
date added to LUP
2013-03-19 13:30:22
date last changed
2019-08-11 03:52:57
@article{5d8fb7e9-6809-4629-94b8-530c5f527454,
  abstract     = {We analyse the rate of formation, the characteristics, and the performance of different types of new firms in Sweden over a decade. Comparisons with Denmark, Brazil, and the United States suggest that the environment for new firm formation in Sweden is not markedly different than elsewhere. In line with previous studies, spin-offs of incumbents perform better than other types of new firms, particularly if their parent firm continues to operate. A novel finding is that the larger the size of their parent, the greater is the rate of employment growth of spin-offs. This contrasts sharply with findings for firms with a single owner.},
  author       = {Andersson, Martin and Klepper, Steven},
  issn         = {0960-6491},
  language     = {eng},
  number       = {1},
  pages        = {245--280},
  publisher    = {Oxford University Press},
  series       = {Industrial and Corporate Change},
  title        = {Characteristics and performance of new firms and spinoffs in Sweden},
  url          = {http://dx.doi.org/10.1093/icc/dts046},
  volume       = {22},
  year         = {2013},
}