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- W1600625016 endingPage "564" @default.
- W1600625016 startingPage "541" @default.
- W1600625016 abstract "One of the central explanations of the high failure rates of de novo entrants is the liability of smallness. As a corollary, most prior literature has suggested that firms should experience survival benefits from growth. In this paper, we argue that survival benefits need to be balanced against the potential cost of rapid growth, and they are contingent upon the structure of the environment. We predict a curvilinear relationship between an entrant's growth rate and failure, and argue that the relationship is contingent upon the local agglomeration of economic activity and the local structure of competition. We test and find support for our predictions using firm-level longitudinal data of all de novo entrants into the Canadian manufacturing sector between 1984 and 1998. Copyright © 2014 John Wiley & Sons, Ltd" @default.
- W1600625016 created "2016-06-24" @default.
- W1600625016 creator A5018575619 @default.
- W1600625016 creator A5051597957 @default.
- W1600625016 creator A5075337869 @default.
- W1600625016 date "2014-10-07" @default.
- W1600625016 modified "2023-10-16" @default.
- W1600625016 title "Growth and survival: The moderating effects of local agglomeration and local market structure" @default.
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- W1600625016 doi "https://doi.org/10.1002/smj.2331" @default.
- W1600625016 hasPublicationYear "2014" @default.