Young firms

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Young firms contribute disproportionally to job creation in all countries

The start-up rate is decreasing in most OECD countries

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Share of young firms (less than six year old) in total gross job creation, total gross job destruction, and total employment, on average over available years. Data cover manufacturing, construction, and non-financial business services. Figures for Chile are preliminary. Owing to methodological differences, figures may deviate from officially published national statistics.
Entry rates (calculated as the number of entrants with positive employment over the total number of units with positive employment). The figures report averages for the periods 1998-2000; 2001-04; 2005-08 and 2009-13 conditional on the availability of data. Sectors covered are: manufacturing, construction, and non-financial business services. The period between 2005 and 2008 has been excluded for the Netherlands due to a redesign of the business register in 2006. Figures for Chile are preliminary. Owing to methodological differences, figures may deviate from officially published national statistics.