HAL will be down for maintenance from Friday, June 10 at 4pm through Monday, June 13 at 9am. More information
Skip to Main content Skip to Navigation
Journal articles

Innovation et sélection des firmes : L’industrie des équipements en réseaux locaux

Abstract : We investigate whether the form of exit is triggered by the form of entry and technical expertise, an exercise which has been persistently missing in the literature, for a sample of 121 firms in the LAN switch industry. We find that pre-entry experience, technical expertise, and intangible assets are important determinants of firm survival. Extending the analysis to the case of heterogeneous exit, we find that firms with high pre-entry experience and higher technical expertise are more likely to exit by acquisition than by failure. Conversely, possessing a larger intangible capital and previous experience in related markets does not lead to a higher probability of being acquired.
Document type :
Journal articles
Complete list of metadata

https://hal-sciencespo.archives-ouvertes.fr/hal-03462023
Contributor : Spire Sciences Po Institutional Repository Connect in order to contact the contributor
Submitted on : Wednesday, December 1, 2021 - 3:55:41 PM
Last modification on : Saturday, March 26, 2022 - 3:21:39 AM

File

2007-01-fontana-innovation-et-...
Publisher files allowed on an open archive

Identifiers

Citation

Roberto Fontana, Lionel Nesta, Sandrine Selosse. Innovation et sélection des firmes : L’industrie des équipements en réseaux locaux. Revue de l'OFCE, Presses de Sciences Po, 2007, pp.121 - 142. ⟨10.3917/reof.100.0121⟩. ⟨hal-03462023⟩

Share

Metrics

Record views

2

Files downloads

1