New small firm survival in England
Saridakis, George, Mole, Kevin and Storey, D. J.. (2008) New small firm survival in England. Empirica , Vol.35 (No.1). pp. 25-39. ISSN 0340-8744Full text not available from this repository.
Official URL: http://dx.doi.org/10.1007/s10663-007-9049-9
This paper investigates the determinants of the survival, between 2001 and 2004, of 622 small firms in England. Seventy one percent of these firms were less than 5 years old in 2001. Prior work by industrial economists has primarily focussed upon factors such as profitability and exit barriers. In contrast, this paper adopts a more managerial approach by examining whether the human capital of the business owner and organisational variables explain survival and non-survival. Our results suggest the founder’s education and bank finance promote firm survival. Firms which compete on price, or report being financially constrained at start-up, are much less likely to survive.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HF Commerce|
|Divisions:||Faculty of Social Sciences > Warwick Business School > Centre for Small & Medium-Sized Enterprises
Faculty of Social Sciences > Warwick Business School > Entrepreneurship, Innovation & Management
Faculty of Social Sciences > Warwick Business School
|Journal or Publication Title:||Empirica|
|Publisher:||Springer New York LLC|
|Number of Pages:||15|
|Page Range:||pp. 25-39|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Restricted or Subscription Access|
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