Good times, bad times? Periods of market entry and survival chances of newly founded businesses

Article Abstract:

This article examines whether start-up business successes have common characteristics due to the time of market entry, and if business success can be predicted based on these. Businesses that begin during economically prosperous times are expected to be more successful, however, increased competition may undermine the positive effects; also, economic downturns may effect businesses that entered during economic booms, because the conditions on which the enterprise was based have changed or disappeared.

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From unemployment to self-employment: public promotion and selectivity

Article Abstract:

This article evaluates the success of public promotion of start-up businesses in Germany to combat unemployment since 1994. According to the authors' research, the "bridging allowances" used to help unemployed persons become self-employed has had no positive effect on employment growth or business survival; rather heterogeneity, selectivity, and general equilibrium effects are reasons for the findings.

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Fast-growing businesses: empirical evidence from a German study

Article Abstract:

This article examines newly established businesses' growth potential and employment effects; characteristics that may predispose a business to fast-growing success are evaluated, using a selection of companies in Bavaria, Germany as an example. Research finds that only 4% of all businesses enjoy rapid success, but these businesses create one-third of all new jobs.

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