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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. (HELIX)ORCID iD: 0000-0002-5960-9270
University of Geneva, Geneva School of Economics and Management (GSEM), Switzerland.ORCID iD: 0000-0001-5441-2463
2017 (English)Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

This study examines whether early growth is important for the short- and long-term survival and development of new firms. The study exploits 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 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, we found subsidiaries to face a significantly larger hazard of closure than independent firms.

Place, publisher, year, edition, pages
2017.
Keyword [en]
Growth, early development, survival
National Category
Business Administration
Identifiers
URN: urn:nbn:se:liu:diva-136824OAI: oai:DiVA.org:liu-136824DiVA: diva2:1091669
Conference
37th Babson College Entrepreneurship Research Conference (BCERC), June 7-10, Norman Oklahoma, USA
Available from: 2017-04-27 Created: 2017-04-27 Last updated: 2017-09-19Bibliographically approved

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Klofsten, MagnusKrakowski, Sebastian
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