Two very topical research questions are addressed in this book: Which are the determinants of new business formation and their survival, and will business start-ups, especially in the service sector, create employment and thereby generate growth? The analysis is based on a unique dataset consisting of the population of all businesses with at least one employee under social security in Germany in all private industries (manufacturing and services).

InhaltsangabeIntroduction, Summary, and Conclusions.- The Effects of New Business Formation on Industry Growth.- New Businesses and Regional Development.- New Business Formation by Industry over Space and Time.- New Business Survival by Industry over Space and Time.- Micro-Econometric Survival Analysis of New Businesses.