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Founding Conditions and the Survival of New Firms

Paul Geroski, José Mata () and Pedro Portugal

No 07-11, DRUID Working Papers from DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies

Abstract: We analyze the effects of founding conditions on the survival of new firms. We allow the effects of founding conditions to be transitory and estimate how long such effects last. Our findings indicate that founding effects are important determinants of exit rates. Moreover, in most cases, their effect on survival seems to persist without much of an attenuation for several years after the founding of the firm.

Keywords: Survival of firms; founding effects (search for similar items in EconPapers)
JEL-codes: L25 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ent, nep-mic and nep-tid
Date: 2007
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Related works:
Journal Article: Founding conditions and the survival of new firms (2010) Downloads
Working Paper: Founding Conditions and the Survival of New Firms (2003) Downloads
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