The Impact of COVID-19 on the Size Distribution of New Firms in Turkey

2022 ◽  
pp. 190-215
Author(s):  
Yigit Aydogan
Keyword(s):  
Size Distribution ◽  
The Other ◽  
New Firms ◽  
Firm Formation ◽  
New Firm Formation ◽  
Turkish Economy ◽  
Initial Drop ◽  
New Firm ◽  
The Impact

A surge in new firm registrations have been one of the most intriguing outcomes of the economic turbulence caused by the COVID-19 pandemic. Turkey followed a similar pattern to many other economies that observed an initial drop and a rapid V-shaped recovery of entry when the virus hit the country. However, the size distribution of new firms has been very different. While others experience a strong rise in smaller entrants, larger firms have dominated the pack in Turkey. As a widely-known long-term problem of the Turkish economy, which has been accused of causing the stagnation of growth, miniscule firms have been losing their weight rapidly among the entrants. It revives lost hopes for the future of the economy and also motivates questions regarding the other determinants of such transformation in new firm formation.

Gründungen in Städten

2004 ◽  
Vol 48 (1) ◽  
Author(s):  
Michael Fritsch ◽  
Udo Brixy ◽  
Michael Niese ◽  
Anne Otto
Keyword(s):  
High Intensity ◽  
Survival Rates ◽  
Industry Structure ◽  
New Firms ◽  
Market Selection ◽  
Firm Formation ◽  
New Firm Formation ◽  
Start Up ◽  
New Firm ◽  
Structure Density

New firm formation in cities. In this article the specifics of new firm formation in cities are analyzed empirically. Start-up rates in urban agglomerations areas are relatively high. Even if one controls for the effect of industry structure density is conducive for the level of new firm formation. However. survival rates of new firms in cities tend to be relatively low. Therefore, cities are characterized by high intensity of market selection leading to high turbulente of the stock of businesses. Does this imply an advantage of cities over other types of region?

scholarly journals Regional Opportunities and Policy Initiatives for New Venture Creation

2009 ◽  
Vol 27 (5) ◽  
pp. 608-625 ◽  
Author(s):  
Ingrid Verheul ◽  
Martin Carree ◽  
Enrico Santarelli
Keyword(s):  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Firm Formation ◽  
Large Cities ◽  
Policy Initiatives ◽  
New Firm Formation ◽  
Italian Provinces ◽  
New Firm ◽  
The Impact

This article investigates the determinants of new venture creation across industries and locations for 103 Italian provinces between 1997 and 2003. Allowing for differences in regional opportunities across industries, we investigate the impact of a range of factors, including policy initiatives, on new firm formation in manufacturing, retailing and wholesaling, hotels and restaurants. Our results show that regions with industrial districts are characterized by higher start-up rates in manufacturing and that wage costs deter entry in this industry. Firm entry in commercial sectors appears to be higher in large cities and areas with strong economic progress. For hotels and restaurants we find that tourism positively influences new firm formation. We do not find a significant effect of recently introduced regional laws promoting new firm formation in Italy.

Spin-offs and the New Firm Formation Process

1983 ◽  
Vol 25 (2) ◽  
pp. 3-20 ◽  
Author(s):  
David A. Garvin
Keyword(s):  
Formation Process ◽  
High Technology ◽  
New Firms ◽  
Firm Formation ◽  
New Firm Formation ◽  
New Firm ◽  
Technology Industries ◽  
High Technology Industries

Spin-offs—new firms created by individuals breaking off from existing ones to create competing companies of their own—are common in many high-technology industries and others as well. This articles examines the structural conditions conducive to spin-offs and the environments from which they are most likely to arise.

scholarly journals Panel Data Models of New Firm Formation in New England

REGION ◽  
2017 ◽  
Vol 4 (3) ◽  
pp. 65 ◽  
Author(s):  
Jitendra Parajuli ◽  
Kingsley E. Haynes
Keyword(s):  
New England ◽  
Single Unit ◽  
Positive Impact ◽  
Spillover Effects ◽  
Firm Formation ◽  
Spatial Spillovers ◽  
Panel Model ◽  
New Firm Formation ◽  
New Firm ◽  
The Impact

This study examines the impact of the determinants of new firm formation in New England at the county level from 1999 to 2009. Based on the Spatial Durbin panel model that accounts for spillover effects, it is found that population density and human capital positively affect single-unit firm births within a county and its neighbors. Population growth rate also exerts a significant positive impact on new firm formation, but most of the effect is from spatial spillovers. On the contrary, the ratio of large to small firm in terms of employment size and unemployment rate negatively influence single-unit firm births both within counties and among neighbors. However, there is no significant impact of local financial capital and personal income growth on new firm formation.

The Role of Trust in New SME Creation

2010 ◽  
Vol 11 (2) ◽  
pp. 129-139 ◽  
Author(s):  
Michael Troilo
Keyword(s):  
Economic Growth ◽  
Entrepreneurial Activity ◽  
Global Entrepreneurship Monitor ◽  
Firm Formation ◽  
New Firm Formation ◽  
New Firm ◽  
Global Entrepreneurship ◽  
The Impact ◽  
The Relationship

Small and medium-sized enterprises (SMEs) are key to economic growth, and yet comparatively little research has examined the relationship between the level of societal trust and the motivations and opportunities of entrepreneurs starting new SMEs. The author tests the impact of trust on new firm formation using the Global Entrepreneurship Monitor (GEM) survey data for 2001–2003. Trust is found to be significant for starting SMEs that pursue Schumpeterian opportunities. Trust is also significant for overall levels of entrepreneurship and for opportunity entrepreneurs in developing countries. These findings add nuance to previous literature suggesting that trust is significant for all forms of entrepreneurial activity.

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