Crime's Impact on the Survival Prospects of Young Urban Small Businesses
AbstractHigh prevailing levels of criminal activity have numerous impacts on the viability of urban small businesses and the various impacts are not uniformly negative. It is the negative impacts, however, that are most often noted. Either the perception or reality of rampant crime can scare away customers, potential employees, lending institutions, even casualty insurance underwriters. Yet, competitors may also be driven away. Operating in a high-crime area can be advantageous, on balance, for some firms. Our analysis of nearly 5,000 urban businesses started between 1986 and 1992 indicates that those most seriously impacted by crime exhibit no measureable disadvantage regarding firm size, capitalization, survival rates, or other traits, relative to firms whose owners report that crime has not impacted them negatively.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Center for Economic Studies, U.S. Census Bureau in its series Working Papers with number 07-30.
Length: 30 pages
Date of creation: Oct 2007
Date of revision:
small business survival patterns;
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Stuart S. Rosenthal & Amanda Ross, 2010.
"Violent Crime, Entrepreneurship, and Cities,"
in: Cities and Entrepreneurship
National Bureau of Economic Research, Inc.
- Bart Sleutjes & Beate Völker, 2012. "The Role Of The Neighbourhood For Firm Relocation," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 103(2), pages 240-249, 04.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Fariha Kamal).
If references are entirely missing, you can add them using this form.