This paper focuses on a new concern in the small firm’s literature, namely what makes a small firm stay in business for a long time. It reflects a change in economic policy, away from an emphasis on volume of start-ups to an emphasis on quality of start-ups. The basic hypothesis is that...

Objectives: Business transfers are posing a particular problem for several European countries as the age distribution of business owners rises and as the number of firms transferred within families' declines. This paper explores firm, market, and regional differences in firms which are expected...