Founding Conditions and the Survival of New Firms

We analyze the effects of founding conditions on the survival of new firms. We allow the effects of founding conditions to be transitory and estimate how long such effects last. Our findings indicate that founding effects are important determinants of exit rates. Moreover, in most cases, their effect on survival seems to persist without much of an attenuation for several years after the founding of the firm.

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Year of publication:	2007
Authors:	Geroski, P.A. ; Mata, José ; Portugal, Pedro
Institutions:	DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies
Subject:	Survival of firms \| founding effects

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Extent:	application/pdf
Series:	DRUID Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series DRUID Working Papers Number 07-11
Classification:	L25 - Firm Size and Performance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005627379