This book, first published in 1986, is an important contribution to the economic analysis of new firms. It emphasises the importance of analysing the economic inter-relationship between new and established firms. These links are especially relevant in the assessment of the employment effects of formation activity.
1. The Nature of the New Firm 2. New Firms and Industrial Competition 3. The Extent of Formation Activity 4. The Decision to Set Up in Business 5. New Firms and Employment Creation 6. New Firms and Regional Development 7. Unemployment, Redundancy and New Firms 8. Policies Towards New Firms