This paper analyzes the determinants of business failure through a binomial logistic model for a sample of 223 Spanish innovative companies and the year 2006. The results show that profitability, guarantees, efficiency and age of firms negatively influence the probability of failure. Innovation...

The research on happiness has raised the need to take into account other factors than income if the objectives are to maximize social welfare and to improve the quality of life. Our work has two aims. First, we study the link between happiness and other related concepts as utility and quality of...