This paper links new firm survival with growth, with a focus on the patterns in firms' growth paths. We theorise a Gambler's Ruin framework by arguing that new firm performance is best modelled as a random walk process, but that survival is nonrandom and depends primarily on the stock of...

F<sc>rankish</sc> J. S., R<sc>oberts</sc> R. G., C<sc>oad</sc> A. and S<sc>torey</sc> D. J. Is entrepreneurship a route out of deprivation?, <italic>Regional Studies</italic>. This paper investigates whether entrepreneurship constitutes a route out of deprivation for those living in deprived areas. The measure of income/wealth used is based on an...

This article examines the theory and evidence in support of entrepreneurial learning (EL), measured in terms of whether individuals have previously owned a business, and time since start-up. Under this theory, entrepreneurial performance is argued to be enhanced by EL which itself is enhanced by...

This paper explores the determinants of start-up size by focusing on a cohort of 6,247 businesses that started trading in 2004, using a unique dataset on customer records at Barclays Bank. Quantile regressions show that prior business experience is significantly related with start-up size, as...

This paper links new firm survival with growth, with a focus on the patterns in firms' growth paths. We theorise a Gambler's Ruin framework by arguing that new rm performance is best modelled as a random walk process, but that survival is nonrandom and depends primarily on the stock of...

The authors assess empirically the impact on firm performance of a state-subsidised training-loan scheme for small businesses (the Small Firms Training Loan Scheme). To achieve this assessment, a longitudinal sample of firms that received loans from the leading lender under the scheme, Barclays...