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Firm growth and survival, from a 14- year perspective: A cohort analysis
Swedish Agency for Growth Policy Analysis, Sweden.
Linköping University, Department of Management and Engineering, Project Innovations and Entrepreneurship. Linköping University, Faculty of Science & Engineering. Linköping University, HELIX Competence Centre.ORCID iD: 0000-0002-5960-9270
Geneva Business School of Economics and Management, Switzerland.
2017 (English)In: Frontiers of Entrepreneurship Research, ISSN 0740-7416, Vol. 37, no 16, p. 358-363, article id 2Article in journal (Refereed) Published
Abstract [en]

This study examines whether early growth is important for the short- and long-term survival and development of new firms. For this purpose, we use registry data for a specific cohort of Swedish firms that tracks their development until their exit, or up to 14 years, at which point only 8% of the firms remain. We find growth to be clearly associated with increased survival of the firms, that the number of employees (in the previous year) is positively correlated with survival in following years, and somewhat surprisingly, that subsidiaries face a significantly larger hazard of closure than independent firms.

Place, publisher, year, edition, pages
Entrepreneurship at Babson at Digital Knowledge at Babson , 2017. Vol. 37, no 16, p. 358-363, article id 2
Keywords [en]
Entrepreneurship, growth, survival, longitudinal data
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:liu:diva-154624OAI: oai:DiVA.org:liu-154624DiVA, id: diva2:1291097
Available from: 2019-02-22 Created: 2019-02-22 Last updated: 2019-02-22Bibliographically approved

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Klofsten, Magnus

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • oxford
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf