Term:
Creation (of business)
Definition:
The emergence of a new business unit. This can be either due to a (real) birth of the unit, or due to other creation by a merger, break-up, split-off or discontinuity point according to the continuity rules.
Domain:
Statistical Business Registers
Source:
European Commission (Eurostat), Organisation for Economic Cooperation and Development (OECD), "Eurostat – OECD Manual on Business Demography Statistics", Methodologies and Working papers, Publication Office of the European Communities, Luxembourg, 2007.
