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Assessing the Non-Financial Predictors of the Success and Failure of Young Firms in the Netherlands

  • Ghislain Houben

    ()

    (University Hasselt, Belgium)

  • Willem Bakker

    ()

    (Universiteit Maastricht, The Netherlands)

  • Philip Vergauwem

    ()

    (Universiteit Maastricht, The Netherlands)

Registered author(s):

    In this study, the Lussier (1995) success and failure prediction model is improved and tested on a sample of Dutch firms. Besides clearly defining a specific business plan, work experience is added as a variable, and contrary to previous researches, the discrete variables are dealt with appropriate this time. The results of this improved model show that product/service timing, planning, management experience, knowledge of marketing, economic timing, professional advice, and having a business partner are predictors of success and failure for young firms in the Netherlands.

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    Article provided by "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration in its journal The Annals of "Dunarea de Jos" University of Galati Fascicle I. Economics and Applied Informatics.

    Volume (Year): (2005)
    Issue (Month): 1 (JUNE)
    Pages: 5-14

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    Handle: RePEc:ddj:fseeai:y:2005:i:1:p:5-14
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