Firm Competitive Strategies and the Likelihood of Survival. The Spanish Case

Raquel Ortega-Argilés and Rosina Moreno ()
Authors registered in the RePEc Author Service: Raquel Ortega Argilés

Papers on Entrepreneurship, Growth and Public Policy from Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group

Abstract: This paper analyses the impact that some managerial competitive strategies followed by a firm may have on its survival. We have not only considered the classic strategies related to the passive learning process defined by Jovanovic (e.g., R&D or advertisement expenses), but we have also taken into account the active learning process ideas given by Ericson and Pakes. This way, we study the effect of product and process innovative strategies, with a detailed desegregation of their functions, on firm’s survival likelihood. Several non-parametric, semi-parametric and parametric techniques are computed to check the effect of the active learning theory on business survival in a set of Spanish manufacturing firms (1990-2001).

Keywords: firm survival; active learning theory; duration analysis. (search for similar items in EconPapers)
JEL-codes: L11 M13 O31 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2007-02
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent and nep-ino
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Related works:
Working Paper: FIRM COMPETITIVE STRATEGIES AND THE LIKELIHOOD OF SURVIVAL - THE SPANISH CASE (2005)
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