Arbeitspapier

Business Survival and Success of Young Small Business Owners

Little empirical evidence provides insight in person-oriented drivers of business survival and success of small business owners. In this paper I perform a duration analysis of business survival amongst young white (selfemployed) small business owners in the U.S. Compulsory exits are distinguished from voluntary exits. This enables an alternative definition of business success: the longer one can survive and prevent involuntary exit, the more successful one is. Potential drivers of survival are derived from recent empirical evidence in related studies. The potential drivers of success are also derived from historical economic thinkers such as Marshall and Schumpeter. The estimated hazard rates are affected by characteristics of the small business owner and business conditions.

Sprache
Englisch

Erschienen in
Series: Tinbergen Institute Discussion Paper ; No. 03-050/3

Klassifikation
Wirtschaft
Duration Analysis; Optimal Timing Strategies
Bankruptcy; Liquidation
Labor Demand
New Firms; Startups
Thema
self-employment
entrepreneurship
business survival
small business
and success.
Selbstständige
KMU
Unternehmenserfolg
USA

Ereignis
Geistige Schöpfung
(wer)
van Praag, C. Mirjam
Ereignis
Veröffentlichung
(wer)
Tinbergen Institute
(wo)
Amsterdam and Rotterdam
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • van Praag, C. Mirjam
  • Tinbergen Institute

Entstanden

  • 2003

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