Johan Moritz Kuhn (Aarhus School of Business), Tor Eriksson

Firm Spin-offs in Denmark 1981-2000 - Patterns of Entry and Exit

This paper aims at extending our knowledge about new firms which have been founded by persons who have previously been employed in the same workplace. These firms will be considered as spin-offs. Using an exhaustive sample from the population of all Danish firms in the period 1981-2000, we compare the survival probabilities of these firms with those of other firm start-ups, and find them to be characterized by higher survival rates. This observation also remains after controlling for firm and employee characteristics.

Keywords: firm demographics, spin-offs

JEL Codes: L11, L25

Session: 1c   Room 2003   Category: Productivity 1

Paper