The objective of this work is to evaluate the risk of business mortality. Considering a sample of over 11,741 firms in the textile-clothing sector, the influence that factors such as age, geographic density (district effect) and the principal productive activity (subsector effect) have on...

During the last decade, there has been wide agreement on the importance of dynamic capabilities on economic performance of firms. Simultaneously an increasing literature suggests that economic dynamics is embedded in social relations and social institutions. In this article, the determinants of...