Survival Rates of New Firms: An Exploratory Study

Ron Cook, Diane Campbell, Caroline Kelly


This study examines the survival patterns of new firms that were created during difficult economic times (2009-2011), and how their survival rates might compare to earlier research, given that we used a more inclusive measure of births.  Our findings indicate a similar survival pattern compared to previous studies for the first year of a firm’s existence but a significantly worse rate for the second year.  We discuss the implications of this finding in light of our more inclusive sample and the current macro-economic climate.

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