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Survival of entrepreneurship in Spain

Author

Listed:
  • Bernardí Cabrer-Borrás

    (Universitat de València)

  • Paz Rico Belda

    (Universitat de València)

Abstract

The aim of this paper is to analyse the determinants of survival in entrepreneurship in Spain. For this purpose, a Cox proportional hazard model is estimated, using information from the Continuous Working Life Sample. The results show that opportunity entrepreneurs have a higher probability of continuing their entrepreneurial activity than entrepreneurs motivated by other reasons. Moreover, women show a higher survival rate than men. In addition, a high educational level positively influences survival, whilst previous work experience increases the risk of not surviving. Finally, age, with a nonlinear influence, increases probability of survival but at a decreasing rate. The implications of these results are that it should not be encouraged entrepreneurship indiscriminately, and authorities should promote entrepreneurial training and help entrepreneurship of people under 30 and over 45–50 years.

Suggested Citation

  • Bernardí Cabrer-Borrás & Paz Rico Belda, 2018. "Survival of entrepreneurship in Spain," Small Business Economics, Springer, vol. 51(1), pages 265-278, June.
    • Handle: RePEc:kap:sbusec:v:51:y:2018:i:1:d:10.1007_s11187-017-9923-1
    DOI: 10.1007/s11187-017-9923-1
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    2. Mohamedou Bouasria & Arvind Ashta & Zaka Ratsimalahelo, 2020. "Bottlenecks to Financial Development, Financial Inclusion, and Microfinance: A Case Study of Mauritania," JRFM, MDPI, vol. 13(10), pages 1-28, October.
    3. Nicola Del Sarto & Alberto Di Minin & Giulio Ferrigno & Andrea Piccaluga, 2021. "Born global and well educated: start-up survival through fuzzy set analysis," Small Business Economics, Springer, vol. 56(4), pages 1405-1423, April.
    4. Venâncio, Ana & Picoto, Winnie & Pinto, Inês, 2023. "Time-to-unicorn and digital entrepreneurial ecosystems," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    5. Faustino Prieto & Jos'e Mar'ia Sarabia & Enrique Calder'in-Ojeda, 2020. "The risk of death in newborn businesses during the first years in market," Papers 2011.11776, arXiv.org.
    6. Bellido-Jiménez, Víctor Manuel & Martín-Martín, Domingo & Romero Luna, Isidoro, 2022. "Autoempleo en inmigrantes y supervivencia empresarial de los negocios incubados en Andalucía," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 52, pages 59-80.
    7. Sebastian Aparicio & David Audretsch & David Urbano, 2022. "Governmental Support for Entrepreneurship in Spain: An Institutional Approach," Hacienda Pública Española / Review of Public Economics, IEF, vol. 243(4), pages 29-49, December.
    8. Ismaëlh Cissé & Jean Dubé, 2024. "Survival of new and small retail businesses facing mega‐retailers in non‐metropolitan areas—The case of Walmart in the province of Quebec," Growth and Change, Wiley Blackwell, vol. 55(1), March.
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    10. Surender Mor & Sonu Madan & Geoffrey R. Archer & Arvind Ashta, 2020. "Survival of the Smallest: A Study of Microenterprises in Haryana, India," Millennial Asia, , vol. 11(1), pages 54-78, April.

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    More about this item

    Keywords

    Entrepreneurial survival; Entrepreneurship; Opportunity entrepreneurs; Gender; Cox proportional hazard model;
    All these keywords.

    JEL classification:

    • C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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