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. © The Author 2012. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved.
CITATION STYLE
Andersson, M., & Klepper, S. (2013). Characteristics and performance of new firms and spinoffs in sweden. Industrial and Corporate Change, 22(1), 245–280. https://doi.org/10.1093/icc/dts046
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