The Dynamics of New Firm Formation

Vinod Sutaria

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English

Routledge
11 November 2019

Economics of industrial organisation; International trade; Human geography

Series: Routledge Revivals

This title was first published in 2001. The dynamics of New Firm Formation (NFF) are central to the phenomenon of economic growth and development. While the economic importance of NFF has been recognized, the mechanisms that drive NFF are not well documented or understood. Illustrated by an in-depth case study from Texas, this volume analyzes the relationships between NFF and its localized context. Using specially-formulated fixed-effects regression models, the study brings about controversial new findings. These provide a counterpoint to the neoclassical theory that there is an adversarial relationship between small and large firms by instead suggesting that the relationship is more of a symbiotic one. Furthermore, it suggests that deep churning - the turnover and replacement in a business base - is a key factor in understanding the forces shaping regional economies.

By: Vinod Sutaria
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 151mm,
Weight: 453g
ISBN: 9781138637191
ISBN 10: 113863719X
Series: Routledge Revivals
Pages: 108
Publication Date: 11 November 2019
Audience: College/higher education , General/trade , Primary , ELT Advanced
Format: Paperback
Publisher's Status: Active

Sutaria, Vinod

Reviews for The Dynamics of New Firm Formation

'This is an important study of new firm formation, with considerable implications for economic growth and development. Innovative features include accounting for regional differences as well as identifying factors affecting new firm formation as against those with no effect.' Professor Irving Hoch, University of Texas, USA 'Sutaria has put much work into this research, which certainly I would congratulate.' Australasian Journal of Regional Studies