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Exploring survival rates of companies in the UK video-games industry: An empirical study

Ignazio Cabras, Nikolaos D. Goumagias, Kiran Fernandes, Peter Cowling, Feng Li, Daniel Kudenko, Sam Devlin and Alberto Nucciarelli

Technological Forecasting and Social Change, 2017, vol. 117, issue C, 305-314

Abstract: The study presented in this paper investigates companies operating in the UK video-game industry with regard to their levels of survivability. Using a unique dataset of companies founded between 2009 and 2014, and combining elements and theories from the fields of Organisational Ecology and Industrial Organisation, the authors develop a set of hierarchical logistic regressions to explore and examine the effects of a range of variables such as industry concentration, market size and density on companies' survival rates. The analysis addresses locational dimension of the video-game industry is considered by introducing an extra regionally-related variable into the models, associated with the number of video-game university programmes locally available. In addition, companies are investigated with regard to their organisational type in order to identify potential effects associated with their intrinsic organisational structures.

Keywords: Video-game industry; Survival rates; Organisational ecology; Industrial organisation; United Kingdom (search for similar items in EconPapers)
Date: 2017
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