No Country for Young Firms?: Start-up Dynamics and National Policies
This paper provides new cross-country evidence on the links between national policies and the growth patterns of start-ups. In particular, it compares for the first time the heterogeneous effects of national policies on entrants and incumbents, within the same country, industry, and time period. A n...
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| Main Author: | |
|---|---|
| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2016
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| Series: | OECD Science, Technology and Industry Policy Papers
no.29 |
| Subjects: | |
| Online Access: | DE-862 DE-863 |
| Summary: | This paper provides new cross-country evidence on the links between national policies and the growth patterns of start-ups. In particular, it compares for the first time the heterogeneous effects of national policies on entrants and incumbents, within the same country, industry, and time period. A number of key facts emerge. First, start-ups in volatile sectors and in sectors that exhibit higher growth dispersion are significantly more exposed to national policies than start-ups in other sectors. Second, start-ups are systematically more exposed than incumbents to the policy environment and national framework conditions. Third, the results suggest that timely bankruptcy procedures and strong contract enforcement are key to establishing a dynamic start-up environment. |
| Physical Description: | 1 Online-Ressource (59 Seiten) 21 x 29.7cm. |
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| spelling | Calvino, Flavio VerfasserIn aut No Country for Young Firms? Start-up Dynamics and National Policies Flavio, Calvino, Chiara, Criscuolo and Carlo, Menon Paris OECD Publishing 2016 1 Online-Ressource (59 Seiten) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Science, Technology and Industry Policy Papers no.29 This paper provides new cross-country evidence on the links between national policies and the growth patterns of start-ups. In particular, it compares for the first time the heterogeneous effects of national policies on entrants and incumbents, within the same country, industry, and time period. A number of key facts emerge. First, start-ups in volatile sectors and in sectors that exhibit higher growth dispersion are significantly more exposed to national policies than start-ups in other sectors. Second, start-ups are systematically more exposed than incumbents to the policy environment and national framework conditions. Third, the results suggest that timely bankruptcy procedures and strong contract enforcement are key to establishing a dynamic start-up environment. Science and Technology Criscuolo, Chiara MitwirkendeR ctb Menon, Carlo MitwirkendeR ctb |
| spellingShingle | Calvino, Flavio No Country for Young Firms? Start-up Dynamics and National Policies Science and Technology |
| title | No Country for Young Firms? Start-up Dynamics and National Policies |
| title_auth | No Country for Young Firms? Start-up Dynamics and National Policies |
| title_exact_search | No Country for Young Firms? Start-up Dynamics and National Policies |
| title_full | No Country for Young Firms? Start-up Dynamics and National Policies Flavio, Calvino, Chiara, Criscuolo and Carlo, Menon |
| title_fullStr | No Country for Young Firms? Start-up Dynamics and National Policies Flavio, Calvino, Chiara, Criscuolo and Carlo, Menon |
| title_full_unstemmed | No Country for Young Firms? Start-up Dynamics and National Policies Flavio, Calvino, Chiara, Criscuolo and Carlo, Menon |
| title_short | No Country for Young Firms? |
| title_sort | no country for young firms start up dynamics and national policies |
| title_sub | Start-up Dynamics and National Policies |
| topic | Science and Technology |
| topic_facet | Science and Technology |
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