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Birth, Survival, Growth, and Death of ICT Companies

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Abstract

As part of the EURIPIDIS (European innovation Policies for the Digital Shift) project, a joint project with DG CONNECT, IPTS investigates the birth and survival rates of ICT companies and compares it to the whole economy. This report uses the most recent available data from the Business demography dataset gathered by Eurostat. From this data, ICT constitutes a small fraction of European companies (4.6% of all companies in 2011) and the European economy (4.8% of employed in these companies in 2011) but the number of ICT service companies is growing. The majority of European national economies have experienced a growing number of ICT companies between 2008 and 2011. ICT companies tend to have higher survival rate than non-ICT companies. And finally, ICT sector tends to have a higher fraction of companies that are high growth companies than non-ICT sectors.

Suggested Citation

  • Garry A. Gabison, 2015. "Birth, Survival, Growth, and Death of ICT Companies," JRC Research Reports JRC94807, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc94807
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    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC94807
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    Cited by:

    1. Daniel Nepelski & Marc Bogdanowicz & Federico Biagi & Paul Desruelle & Giuditta De Prato & Garry Gabison & Giuseppe Piroli & Annarosa Pesole & Nikolaus Thumm & Vincent Van Roy, 2017. "7 ways to boost digital innovation and entrepreneurship in Europe. Key messages from the European innovation policies for the digital shift project," JRC Research Reports JRC104899, Joint Research Centre.
    2. Pradhan, Rudra P. & Arvin, Mak B. & Nair, Mahendhiran & Bennett, Sara E. & Bahmani, Sahar, 2019. "Short-term and long-term dynamics of venture capital and economic growth in a digital economy: A study of European countries," Technology in Society, Elsevier, vol. 57(C), pages 125-134.
    3. Fiammetta Rossetti, 2017. "The Business Demography of the ICT Sector in Europe," JRC Research Reports JRC106589, Joint Research Centre.

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    Keywords

    ICT companies; new companies; company survival rate; high growth;
    All these keywords.

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