New small firm survival in England

Saridakis, George, Mole, Kevin and Storey, David J (2008) New small firm survival in England. Empirica, 35 (1). pp. 25-39. ISSN 03408744

Full text not available from this repository.

Abstract

This paper investigates the determinants of the survival, between 2001 and 2004, of 622 small firms in England. Seventy one percent of these firms were less than 5 years old in 2001. Prior work by industrial economists has primarily focussed upon factors such as profitability and exit barriers. In contrast, this paper adopts a more managerial approach by examining whether the human capital of the business owner and organisational variables explain survival and non-survival. Our results suggest the founder's education and bank finance promote firm survival. Firms which compete on price, or report being financially constrained at start-up, are much less likely to survive.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Business and Management
Depositing User: David Storey
Date Deposited: 06 Feb 2012 18:10
Last Modified: 23 Mar 2012 09:04
URI: http://sro.sussex.ac.uk/id/eprint/15104
📧 Request an update