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Knowledge and Creative Destruction over the Industry Life Cycle

The Case of the German Automobile Industry

Bibliographic Data

ID9727438
AuthorsUwe Cantner (0000-0002-2067-493X, Friedrich Schiller University Jena), JENS J KRÜGER (0000-0001-5494-649X, Friedrich Schiller University Jena), KRISTINA VON RHEIN (Institute of Economics)
Year2009
Volume76
Issue301
Pages132-148
Publication date2009-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1468-0335.2007.00672.x
OpenAlexW2105194470
LanguageEN
Citations received2
References cited32

The paper investigates how pre‐entry experience, post‐entry experience and innovative activity affected the survival of German automobile firms over the period 1886–1936. A statistical survival analysis is performed which links instrumental variable estimation with the Cox regression. The main results are that all three knowledge components exert an independent and significantly positive effect on firm survival. Moreover, innovative activity is able to compensate for post‐entry experience, in accord with Schumpeterian creative destruction

Automotive industry · Business · Creative destruction · Econometrics · Economics · Estimation · German · Industrial organization · Instrumental variable · Management · Market economy · Regression analysis · Statistics · Engineering · Entrepreneurship Studies and Influences · Firm Innovation and Growth · Global trade and economics · History · Marketing · Mathematics

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Unique citing works2
Citations per year0,1
Citation span2005 - 2026 (22)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 1

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