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- 1. Innovation and Training in New Firms ArchivedArticles and reports: 11F0019M2000123Geography: CanadaDescription:
Recent studies have demonstrated the quantitative importance of entry, exit, growth and decline in the industrial population. It is this turnover that rewards innovative activity and contributes to productivity growth.
While the size of the entry population is impressive - especially when cumulated over time - the importance of entry is ultimately due to its impact on innovation in the economy. Experimentation is important in a dynamic, market-based economy. A key part of the experimentation comes from entrants. New entrepreneurs constantly offer consumers new products both in terms of the basic good and the level of service that accompanies it.
This experimentation is associated with significant costs since many entrants fail. Young firms are most at risk of failure; data drawn from a longitudinal file of Canadian entrants in both the goods and service sectors show that over half the new firms that fail do so in the first two years of life. Life is short for the majority of entrants. Only 1 in 5 new firms survive to their tenth birthday.
Since so many entrants fall by the wayside, it is of inherent interest to understand the conditions that are associated with success, the conditions that allow the potential in new entrepreneurs to come to fruition. The success of an entrant is due to its choosing the correct combination of strategies and activities. To understand how these capabilities contribute to growth, it is necessary to study how the performance of entrants relates to differences in strategies and pursued activities.
This paper describes the environment and the characteristics of entrants that manage to survive and grow. In doing so, it focuses on two issues. The first is the innovativeness of entrants and the extent to which their growth depends on their innovativeness. The second is to outline how the stress on worker skills, which is partially related to training, complements innovation and contributes to growth.
Release date: 2000-12-08 - 2. Culture jobs increasing: Update on the culture labour force using the Labour Force Survey ArchivedArticles and reports: 87-004-X20000025361Geography: CanadaDescription:
The economy was strong in 1999 and while consumers were interested in big-ticket items such as automobiles in the first quarter of the year their attention turned to services later in the year.
Release date: 2000-11-09 - 3. Knowledge workers on the move ArchivedArticles and reports: 75-001-X20000025072Geography: CanadaDescription:
This article examines available empirical evidence about Canada's "brain drain" - the loss of knowledge workers to the United States. It also looks at Canada's "brain gain" - the acquisition of knowledge workers from the rest of the world. (Adapted from an article in the Spring 2000 issue of Education Quarterly Review).
Release date: 2000-06-07 - Articles and reports: 81-003-X19990035008Geography: CanadaDescription:
This paper examines available empirical evidence about the loss of knowledge workers from Canada to the United States (brain drain) and the gain of knowledge workers in Canada from the rest of the world (brain gain).
Release date: 2000-05-24 - Journals and periodicals: 61-526-XGeography: CanadaDescription:
This study investigates the determinants of failure for new Canadian firms. It explores the role that certain factors play in conditioning the likelihood of survival - factors related to industry structure, firm demographics and macroeconomic cycles. It asks whether the determinants of failure are different for new start-ups than for firms that have reached adolescence, and if the magnitude of these differences is economically significant. It examines whether, after controlling for certain influences, failure rates differ across industries and provinces.
Two themes figure prominently in this analysis. The first is the impact that certain industry characteristics - such as average firm size and concentration - have on the entry/exit process, either through their influence on failure costs or on the intensity of competition. The second centres on how the dimensions of failure evolve over time as new firms gain market experience.
Release date: 2000-02-16
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- 1. Innovation and Training in New Firms ArchivedArticles and reports: 11F0019M2000123Geography: CanadaDescription:
Recent studies have demonstrated the quantitative importance of entry, exit, growth and decline in the industrial population. It is this turnover that rewards innovative activity and contributes to productivity growth.
While the size of the entry population is impressive - especially when cumulated over time - the importance of entry is ultimately due to its impact on innovation in the economy. Experimentation is important in a dynamic, market-based economy. A key part of the experimentation comes from entrants. New entrepreneurs constantly offer consumers new products both in terms of the basic good and the level of service that accompanies it.
This experimentation is associated with significant costs since many entrants fail. Young firms are most at risk of failure; data drawn from a longitudinal file of Canadian entrants in both the goods and service sectors show that over half the new firms that fail do so in the first two years of life. Life is short for the majority of entrants. Only 1 in 5 new firms survive to their tenth birthday.
Since so many entrants fall by the wayside, it is of inherent interest to understand the conditions that are associated with success, the conditions that allow the potential in new entrepreneurs to come to fruition. The success of an entrant is due to its choosing the correct combination of strategies and activities. To understand how these capabilities contribute to growth, it is necessary to study how the performance of entrants relates to differences in strategies and pursued activities.
This paper describes the environment and the characteristics of entrants that manage to survive and grow. In doing so, it focuses on two issues. The first is the innovativeness of entrants and the extent to which their growth depends on their innovativeness. The second is to outline how the stress on worker skills, which is partially related to training, complements innovation and contributes to growth.
Release date: 2000-12-08 - 2. Culture jobs increasing: Update on the culture labour force using the Labour Force Survey ArchivedArticles and reports: 87-004-X20000025361Geography: CanadaDescription:
The economy was strong in 1999 and while consumers were interested in big-ticket items such as automobiles in the first quarter of the year their attention turned to services later in the year.
Release date: 2000-11-09 - 3. Knowledge workers on the move ArchivedArticles and reports: 75-001-X20000025072Geography: CanadaDescription:
This article examines available empirical evidence about Canada's "brain drain" - the loss of knowledge workers to the United States. It also looks at Canada's "brain gain" - the acquisition of knowledge workers from the rest of the world. (Adapted from an article in the Spring 2000 issue of Education Quarterly Review).
Release date: 2000-06-07 - Articles and reports: 81-003-X19990035008Geography: CanadaDescription:
This paper examines available empirical evidence about the loss of knowledge workers from Canada to the United States (brain drain) and the gain of knowledge workers in Canada from the rest of the world (brain gain).
Release date: 2000-05-24 - Journals and periodicals: 61-526-XGeography: CanadaDescription:
This study investigates the determinants of failure for new Canadian firms. It explores the role that certain factors play in conditioning the likelihood of survival - factors related to industry structure, firm demographics and macroeconomic cycles. It asks whether the determinants of failure are different for new start-ups than for firms that have reached adolescence, and if the magnitude of these differences is economically significant. It examines whether, after controlling for certain influences, failure rates differ across industries and provinces.
Two themes figure prominently in this analysis. The first is the impact that certain industry characteristics - such as average firm size and concentration - have on the entry/exit process, either through their influence on failure costs or on the intensity of competition. The second centres on how the dimensions of failure evolve over time as new firms gain market experience.
Release date: 2000-02-16
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