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  • Springer  (3)
  • Oxford University Press
  • 1990-1994  (3)
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Publisher
  • Springer  (3)
  • Oxford University Press
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Year
  • 1
    Electronic Resource
    Electronic Resource
    Flexible technology and firm size (1991)
    Springer
    Small business economics 3 (1991), S. 307-319 
    Details
    ISSN: 1573-0913
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This paper provides the first empirical examination of the relationship between the application of flexible technologies and the firm-size distribution. In particular, we test the hypothesis that implementation of flexible technologies has tended to promote small firms more than large firms. Based on a sample of 36 engineering industries and using two distinct time periods between 1976 and 1986 and two different measures of what constitutes a small firm, we find that the application of certain flexible technologies, such as numerically controlled machines, has led to an increased presence of small firms, while the use of other flexible technologies, such as programmable robots, is associated with a decreased presence of small firms over time.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1007/BF01840612
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    Paper (German National Licenses)
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  • 2
    Electronic Resource
    Electronic Resource
    New-firm startups, technology, and macroeconomic fluctuations (1994)
    Springer
    Small business economics 6 (1994), S. 439-449 
    Details
    ISSN: 1573-0913
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract New-firm startup activity is examined within a framework pooling a cross-section of 117 industries over six time periods between 1976 and 1986. A model is introduced relating startup activity both to elements of the business cycle, in particular the macroeconomic growth rate, the cost of capital, and the unemployment rate, and to industry-specific characteristics, especially the technological conditions underlying the industry. The pooled cross-section regression results suggest that macroeconomic fluctuations as well as industry-specific elements contribute to startup activity. While new-firm startups respond positively to macroeconomic growth, they are promoted by a low cost of capital and high unemployment rate. A somewhat surprising result is that new-firm startups are not apparently deterred in capital intensive industries and where R&D expenditures play an important role. The empirical results suggest that new firms may be able to overcome their inherent size and experience disadvantages in such markets through exploiting university research and pursuing innovative activity.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1007/BF01064858
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    Paper (German National Licenses)
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  • 3
    Electronic Resource
    Electronic Resource
    The entrepreneurial regime, learning, and industry turbulence (1990)
    Springer
    Small business economics 2 (1990), S. 119-128 
    Details
    ISSN: 1573-0913
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract The role which the technological regime and learning play in determining the extent of industry turbulence, or the amount of firm movements into, within, and out of an industry, is examined. The entrepreneurial regime, in which firms outside of the industry incumbents have the innovative advantage, is found to promote industry turbulence. By contrast, the routinized regime, in which the existing incumbents have the innovative advantage, is identified as impeding industry turbulence. The determinants of small-firm turbulence are found to differ from those for large-firm turbulence. Small-firm turbulence is particularly high in capital-intensive industries, where firms must quickly learn or else face extinction.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1007/BF00389672
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    Paper (German National Licenses)
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