Too fast to live? Effects of growth on survival across the growth distribution

Coad, Alex, Frankish, Julian S and Storey, David J (2019) Too fast to live? Effects of growth on survival across the growth distribution. Journal Of Small Business Management. ISSN 0047-2778

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Abstract

Do moderate-growth new firms have higher survival rates than fast-growing new firms? To address this question the customer bank records of 6578 new ventures are tracked over their first 10 years, and survival is measured either in terms of continued use of the bank account, or by entry into financial default. Simple bar charts show that it is the 7th or 8th decile of the growth distribution that has the highest survival chances. Although growth enhances survival on average, nevertheless the highest decile of the growth distribution never has the highest survival rates.

Item Type: Article
Schools and Departments: University of Sussex Business School > Strategy and Marketing
Depositing User: Joy Blake
Date Deposited: 13 Jan 2020 10:32
Last Modified: 17 Jan 2020 09:00
URI: http://sro.sussex.ac.uk/id/eprint/89226

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