- Tytuł:
- Factors Determining the Survival of New Companies
- Autorzy:
- Cegiełka, Marlena
- Powiązania:
- https://bibliotekanauki.pl/articles/1356274.pdf
- Data publikacji:
- 2020-12-31
- Wydawca:
- Uniwersytet Warszawski. Wydział Nauk Ekonomicznych
- Tematy:
-
start-up
survival of new companies
sources of financing - Opis:
- This article discusses the determinants of the survival of new companies, with particular emphasis on their sources of financing. We have analysed the impact of experience in the same focal industry, of having a competitive advantage and intellectual property rights (patents and trademarks) and of debt financing on the probability of a start-up's survival, using a logit model based on the Kauffman Firm Survey (KFS) database data covering 4,928 American companies which operated from 2004 to 2011. Additionally, we can demonstrate that start-ups that use debt financing have a better chance of staying in business. Factors such as intellectual capital and competitive advantage are also positively correlated with the prospects for start-up survival.
- Źródło:
-
Central European Economic Journal; 2020, 7, 54; 300 - 315
2543-6821 - Pojawia się w:
- Central European Economic Journal
- Dostawca treści:
- Biblioteka Nauki
Artykuł