Determinants of New-Firm Formations in Manufacturing Industries: Industry Dynamics, Entry Barriers, and Organizational Inertia
结合奥地利学派、产业组织与组织理论，构建制造业新企业形成模型，发现市场动态创造非均衡与利润机会，进入壁垒抑制新企业，组织惯性则促进新组织创建。
This article utilizes the Ideas of Austrian economists, Industrial organization economists, and organization theorists to build a model of new-firm creation In manufacturing industries. Market dynamics create disequilibrium and profit opportunities for entrepreneurs. Whether available opportunities are exploited by existing firms, or through the founding of new firms Is dependent on the constraints on each of these types of entrepreneurs. Entry barriers tend to constrain new firms and therefore decrease the relative occurrence of new business formations. Organizational Inertia acts as a constraint on existing firms and thereby encourages the creation of new organizations.