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Several theories suggest that excessive fast growth may lead to failure. We explore survival across the growth rate distribution for a cohort of 6579 new ventures, tracked over their first 10 years, using customer records data from a major UK bank. We measure failure though termination of the...
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Despite the importance of high technology firms to the UK’s economy, relatively little is known about factors contributing to these firms’ long-run growth and survival. We examine these factors using a unique longitudinal dataset combining two waves of detailed surveys of 345 UK high tech...
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Research has recently emphasized that the non-survival of entrepreneurs can be disaggregated into distinct exit routes such as merger and acquisition (M&A), voluntary closure and failure. Firm performance is an alleged determinant of exit route. However, there is a lack of evidence linking exit...
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