Baltar Salgado, Evangelina; Fernández López, Sara; … - In: Revista Galega de Economía 21 (2012) 2
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...