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Exploring survival rates of companies in the UK video-games industry: An empirical study

Author

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  • Cabras, Ignazio
  • Goumagias, Nikolaos D.
  • Fernandes, Kiran
  • Cowling, Peter
  • Li, Feng
  • Kudenko, Daniel
  • Devlin, Sam
  • Nucciarelli, Alberto

Abstract

The study presented in this paper investigates companies operating in the UK video-game industry with regard to their levels of survivability. Using a unique dataset of companies founded between 2009 and 2014, and combining elements and theories from the fields of Organisational Ecology and Industrial Organisation, the authors develop a set of hierarchical logistic regressions to explore and examine the effects of a range of variables such as industry concentration, market size and density on companies' survival rates. The analysis addresses locational dimension of the video-game industry is considered by introducing an extra regionally-related variable into the models, associated with the number of video-game university programmes locally available. In addition, companies are investigated with regard to their organisational type in order to identify potential effects associated with their intrinsic organisational structures.

Suggested Citation

  • Cabras, Ignazio & Goumagias, Nikolaos D. & Fernandes, Kiran & Cowling, Peter & Li, Feng & Kudenko, Daniel & Devlin, Sam & Nucciarelli, Alberto, 2017. "Exploring survival rates of companies in the UK video-games industry: An empirical study," Technological Forecasting and Social Change, Elsevier, vol. 117(C), pages 305-314.
  • Handle: RePEc:eee:tefoso:v:117:y:2017:i:c:p:305-314
    DOI: 10.1016/j.techfore.2016.10.073
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    References listed on IDEAS

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    Cited by:

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    2. Tsai, Pei-Hsuan & Chen, Chih-Jou, 2021. "Entertainment in retailing: Challenges and opportunities in the TV game console industry," Journal of Retailing and Consumer Services, Elsevier, vol. 60(C).
    3. Lo, Fang-Yi & Liao, Pei-Chun, 2021. "Rethinking financial performance and corporate sustainability: Perspectives on resources and strategies," Technological Forecasting and Social Change, Elsevier, vol. 162(C).

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