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  Business failure of new software firms
 
 
Title: Business failure of new software firms
Author: Honjo, Yuji
Appeared in: Applied economics letters
Paging: Volume 7 (2000) nr. 9 pages 575-579
Year: 2000-09-01
Contents: This paper investigates business failure of newly-established software firms. Using a proportional hazards model, we estimate the determinants of business failure among software firms in Japan founded during 1986-1995. The main findings of this paper are as follows. First, software firms with sufficient size or paid-up capital are less likely to fail. Secondly, vertical integration increases the probability of failure. Thirdly, manager's attributes, such as age, affect the probability of failure. Finally, local agglomeration increases the probability of failure, while macroeconomic growth decreases the probability.
Publisher: Routledge
Source file: Elektronische Wetenschappelijke Tijdschriften
 
 

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