Born to be alive? The survival of innovative and non-innovative French micro start-ups
AbstractBased on French data describing the characteristics of the entrepreneurs and their project, this paper studies the differences between the determinants of survival for innovative and non-innovative micro-enterprises. We show that the survival of innovative and non-innovative enterprises is linked to personal criteria such as age, gender, minority, professional experience and financing sources. Our results also highlight the positive effect of not being alone in the start-up design phase, whereas being involved in a business network after the start-up period has no significant influence. The survival time of innovative enterprises, which is significantly lower than that of the non-innovative ones, seems adversely influenced by the entrepreneur’s previous management experience. Finally, when considering both innovative and non-innovative start-ups, there appears to be a type of “pecking order” as bank financing has a much more positive effect on survival than a personal one, albeit when focusing solely on innovative ones this difference does not exist.
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Bibliographic InfoPaper provided by Department of Research, Ipag Business School in its series Working Papers with number 12.
Length: 19 pages
Date of creation: 12 May 2013
Date of revision:
entrepreneur; innovation; micro-enterprise; survival; pecking order.;
Find related papers by JEL classification:
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-06-09 (All new papers)
- NEP-CSE-2013-06-09 (Economics of Strategic Management)
- NEP-DEM-2013-06-09 (Demographic Economics)
- NEP-ENT-2013-06-09 (Entrepreneurship)
- NEP-HME-2013-06-09 (Heterodox Microeconomics)
- NEP-INO-2013-06-09 (Innovation)
- NEP-PPM-2013-06-09 (Project, Program & Portfolio Management)
- NEP-SBM-2013-06-09 (Small Business Management)
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