Firm growth during infancy

Détails

ID Serval
serval:BIB_9BFD47310198
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Titre
Firm growth during infancy
Périodique
Small Business Economics
Auteur⸱e⸱s
Mata J.
ISSN
0921-898X
Statut éditorial
Publié
Date de publication
02/1994
Peer-reviewed
Oui
Volume
6
Numéro
1
Pages
27-39
Langue
anglais
Résumé
In this paper, we study the post-entry patterns of survival and growth of firms established in Portuguese manufacturing in 1983. Our data suggest the existence of a highly turbulent economy, with a very large number of small firms being created, but a great proportion of new firms disappearing in the first years subsequent to their birth. Survivors, however, grow quite fast and we found that small firms grow faster than their larger counterparts. Moreover, we found that the growth decision of firms is affected by a firm specific component, which is also correlated with firm size. These two effects are oppositely signed and, therefore, estimates that fail to take this firm specific effect into account are likely to be strongly biased towards zero.
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Création de la notice
19/02/2016 14:08
Dernière modification de la notice
20/08/2019 15:02
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