This paper examines the relationship between the degree of openness that software start-ups choose and some of the main industrial features faced by new entrants. Hypotheses derived from a formal model are tested through the implementation of econometric techniques and information provided by a...

We empirically investigate firm dissolution in high-tech sectors by distinguishing between closure and merger/acquisition (M&A) and discussing the different antecedents of the effects of age and initial size on the two dissolution types.