What drives new firms into an industry? an integrative model of entry

Detalhes bibliográficos
Autor(a) principal: Barbosa, Natália
Data de Publicação: 2003
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/1822/11428
Resumo: The paper focuses on the theoretical and empirical formulation of an entry model that integrates strategic considerations and firms' heterogeneity. Entry decisions are derived from a profit function, and, subsequently, the number of entrants is defined as the sum of firms that have effectively decided to enter a given industry. As the aggregation of individual entry decisions yields a discrete outcome, the econometric methodology is based on panel count data models, rendering a novel departure from previous works. The results suggest that both incumbents' behaviour towards entry and firm-specific characteristics provide additional and interesting insights in understanding entry.
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spelling What drives new firms into an industry? an integrative model of entryEntryFirms' heterogeneityManufacturingPanel count data modelsThe paper focuses on the theoretical and empirical formulation of an entry model that integrates strategic considerations and firms' heterogeneity. Entry decisions are derived from a profit function, and, subsequently, the number of entrants is defined as the sum of firms that have effectively decided to enter a given industry. As the aggregation of individual entry decisions yields a discrete outcome, the econometric methodology is based on panel count data models, rendering a novel departure from previous works. The results suggest that both incumbents' behaviour towards entry and firm-specific characteristics provide additional and interesting insights in understanding entry.Fundação para a Ciência e a Tecnologia (FCT)Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA)Universidade do MinhoBarbosa, Natália2003-102003-10-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/11428engNIMA Working Paper Series;23info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T11:54:08Zoai:repositorium.sdum.uminho.pt:1822/11428Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:43:35.524916Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv What drives new firms into an industry? an integrative model of entry
title What drives new firms into an industry? an integrative model of entry
spellingShingle What drives new firms into an industry? an integrative model of entry
Barbosa, Natália
Entry
Firms' heterogeneity
Manufacturing
Panel count data models
title_short What drives new firms into an industry? an integrative model of entry
title_full What drives new firms into an industry? an integrative model of entry
title_fullStr What drives new firms into an industry? an integrative model of entry
title_full_unstemmed What drives new firms into an industry? an integrative model of entry
title_sort What drives new firms into an industry? an integrative model of entry
author Barbosa, Natália
author_facet Barbosa, Natália
author_role author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Barbosa, Natália
dc.subject.por.fl_str_mv Entry
Firms' heterogeneity
Manufacturing
Panel count data models
topic Entry
Firms' heterogeneity
Manufacturing
Panel count data models
description The paper focuses on the theoretical and empirical formulation of an entry model that integrates strategic considerations and firms' heterogeneity. Entry decisions are derived from a profit function, and, subsequently, the number of entrants is defined as the sum of firms that have effectively decided to enter a given industry. As the aggregation of individual entry decisions yields a discrete outcome, the econometric methodology is based on panel count data models, rendering a novel departure from previous works. The results suggest that both incumbents' behaviour towards entry and firm-specific characteristics provide additional and interesting insights in understanding entry.
publishDate 2003
dc.date.none.fl_str_mv 2003-10
2003-10-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/1822/11428
url http://hdl.handle.net/1822/11428
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv NIMA Working Paper Series;23
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA)
publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Microeconomia Aplicada (NIMA)
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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