Born to be alive? The survival of innovative and non-innovative French micro-start-ups

Tristan Boyer and Régis Blazy

Small Business Economics, 2014, vol. 42, issue 4, 669-683

Abstract: Based on French data describing the characteristics of entrepreneurs and their projects, this article studies the differences between the determinants of survival for innovative and non-innovative micro-enterprises. We show that the survival of innovative and non-innovative enterprises is linked to personal criteria such as age, gender, belonging to a minority, professional experience and financing sources. Our results also highlight the positive effect of not being alone in the start-up design phase, whereas being involved in a business network after the start-up period has no significant influence. The survival time of innovative enterprises, which is significantly lower than that of the non-innovative ones, seems adversely influenced by the entrepreneur’s previous management experience. Finally, when considering both innovative and non-innovative start-ups, there appears to be a type of “pecking order” as bank financing has a much more positive effect on survival than a personal one, although when focusing solely on innovative ones this difference does not exist. Copyright Springer Science+Business Media New York 2014

Keywords: Entrepreneur; Innovation; Micro-enterprise; Survival; Pecking order; L26 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (68)

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Persistent link: https://EconPapers.repec.org/RePEc:kap:sbusec:v:42:y:2014:i:4:p:669-683

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DOI: 10.1007/s11187-013-9522-8

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