A Portrait of Entrants and Exits - ARCHIVED
Articles and reports: 11F0019M1999121
Entry and exit are important phenomena. This paper reviews the evidence on the size of this process and its contribution to productivity and innovation. It then develops a detailed portrait of the characteristics of new firms that survive and those that fail. In doing so, it examines the type of competencies that are developed in both groups of firms. It asks which competencies are developed by new firms. In particular, it focuses on the innovative capabilities of new firms. It shows that small firms in general and entrants in particular are heterogeneous when it comes to their innovative activity. The types of innovative activity in which they are engaged vary widely. Some focus on research and development (R&D) and new products. Others focus on new technologies. Still others stress the development of human capital. In addition, this paper examines the competitive environment that new firms face and the connection between growth and innovation. It also examines the complementary skills that are employed by innovators. Finally, the paper focuses on the causes of failure in the firm population. It extends earlier work that finds that failing firms differ from surviving firms in terms of basic competencies-management, financial management and marketing capabilities.
Main Product: Analytical Studies Branch Research Paper Series
Format | Release date | More information |
---|---|---|
February 25, 1999 |
Related information
Related products
Data
- Tables: Business Dynamics in Canada
Analysis
- Articles and reports: Death and Divorce: The Long-term Consequences of Parental Loss on Adolescents
- Articles and reports: Distribution, Inequality and Concentration of Income Among Older Immigrants in Canada, 1990
- Articles and reports: Earnings Dynamics and Inequality Among Canadian Men, 1976-1992: Evidence from Longitudinal Income Tax Records
- Articles and reports: Growth of Advanced Technology Use in Canadian Manufacturing During the 1990's
- Articles and reports: Innovation, Training and Success
- Articles and reports: Innovative Activity in Canadian Food Processing Establishments: the Importance of Engineering Practices
- Articles and reports: Rising Self-employment in the Midst of High Unemployment: An Empirical Analysis of Recent Developments in Canada
- Articles and reports: The Entry and Exit Dynamics of Self-employment in Canada
- Articles and reports: The Evolution of Pension Coverage of Young and Prime-aged Workers in Canada
- Articles and reports: The Returns to Education and the Increasing Wage Gap Between Younger and Older Workers
- Articles and reports: Why Do Children Move into and out of Low Income: Changing Labour Market Conditions or Marriage and Divorce
Subjects and keywords
Subjects
Keywords
- Analytical products
- Business administration
- Business bankruptcies
- Business growth strategies
- Business start-ups
- Competitiveness
- Computer science
- Computers
- Customer service
- Databases
- Employees
- Entrepreneurs
- Goods-producing industries
- High technology
- Human capital
- Innovation
- Intellectual property
- Knowledge-based economy
- Management
- Manufacturing industries
- Marketing
- Markets
- Productivity
- Research and development
- Size of business
- Skilled workers
- Technology
- Training
- Date modified: