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Characteristics and performance of new firms and spinoffs in Sweden

Author

Summary, in English

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.

Department/s

Publishing year

2013

Language

English

Pages

245-280

Publication/Series

Industrial and Corporate Change

Volume

22

Issue

1

Document type

Journal article

Publisher

Oxford University Press

Topic

  • Social Sciences Interdisciplinary

Status

Published

ISBN/ISSN/Other

  • ISSN: 0960-6491