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RESEARCH PRODUCT
Influence of economic crisis on new SME survival: reality or fiction?
Domingo Ribeiro-sorianoLorenzo Revuelto-taboadaVirginia Simón-moyasubject
FinanceEconomics and EconometricsEntrepreneurshipOpportunity costbusiness.industryFinancial economics05 social sciencesNew VenturesDevelopmentEmpirical researchSurvival probabilityEconomic context0502 economics and businessEconomics050211 marketingBusiness and International Managementbusiness050203 business & managementdescription
AbstractThe aim of this research was to analyse the survival of new ventures during periods of economic crisis. The article compares survival probability during growth and crisis periods. An empirical study was used to analyse new venture survival probability. Results show that new firms have a greater likelihood of surviving during crisis periods than they do during growth periods. An additional aim of the study was to analyse the survival probability of opportunity and necessity entrepreneurs during crisis periods. Results show that gaps in survival likelihood between opportunity and necessity entrepreneurship are bigger during times of crisis than they are during growth periods.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2016-01-01 | Entrepreneurship & Regional Development |