Semiparametric Cox Regression Model in Estimation of Small and Micro Enterprises' Survival in the Malopolska Voivodeship

• Autorzy: Aneta Ptak-Chmielewska
• Języki publikacji: EN

Abstrakty

EN

This paper aims at identifying factors (external and internal) affecting the ability of an enterprise to survive on the market. The analysis is based on the results of a retrospective study conducted in 2012 on a sample of enterprises from Malopolska voivodeship. Methods and models of event history analysis, including semiparametric Cox's model were applied to analyse enterprises' survival. The approach based on the event history analysis allows us to include dynamics of the process. The results provided extensive data on how factors such as size, activity sector, market range, legal form and internals conditions like: owner characteristics, investments, profits, reported barriers affect the survival of enterprises. (original abstract)

Słowa kluczowe

EN

Small business; Regression models; Enterprises study

PL

Małe i średnie przedsiębiorstwa; Modele regresji; Badanie przedsiębiorstw

• Czasopismo: Metody Ilościowe w Badaniach Ekonomicznych / Szkoła Główna Gospodarstwa Wiejskiego
• Rocznik: 2013
• Tom: 14(XIV)
• Numer: nr 2
• Strony: 169--180

Twórcy

autor

Aneta Ptak-Chmielewska

• Szkoła Główna Handlowa w Warszawie

Bibliografia

• Allison P.D. (2010) Survival Analysis Using SAS. A Practical Guide Second Edition, SAS Publishing.
• Audretsch D.B. (1995) Innovation and industry evolution. The MIT Press, Cambridge, MA.
• Audretsch D.B., Mahmood T. (1995) New firm survival: new results using a hazard function. Review of Economics and Statistics 77, pp. 97-103.
• Becchetti L., Trovato G. (2002) The Determinants of Growth for Small and Medium Sized Firms. The Role of Availability of External Finance, Small Business Economics, 19, pp. 291-306.
• Blossfeld H.P., Rohwer G. (2002) Techniques of Event History Modeling. New Approaches to Causal Analysis, Lawrence Elbaum Associates Publishers, London.
• Cabral L., Mata J. (2003) On the Evolution of the Firm Size Distribution: Facts and Theory, American Economic Review, 93, pp. 1075-90.
• Cooper A.C., Gimeno-Gascon F.J., Woo C.Y. (1994) Initial Human Capital and Financial Capital as Predictors of New Venture Performance, Journal of Business Venturing, 9, pp. 371-96.
• Cox D.R. (1972) Regression models and life tables. Journal of the Royal Statistical Society, Series B 34, pp. 187-220.
• Creedy J., Johnson P.S. (1983) Firm Formation in Manufacturing Industry, Applied Economics, 15, pp. 177-85.
• Dehnel G. (2010) Rozwój mikroprzedsiębiorczości w Polsce w świetle estymacji dla małych domen. Uniwersytet Ekonomiczny w Poznaniu.
• Disney R., Haskel J., Heden Y. (2003) Entry, exit and establishment survival in UK manufacturing. Journal of Industrial Economy 5, pp. 91-112.
• Ericsson R., Pakes A. (1995) Markov perfect industry dynamics: A framework for empirical analysis. Review of Economic Studies, nr 62(1), pp. 53-82.
• Esteve S., Sanchis A., Sanchis J.A. (2004) The determinants of survival of Spanish manufacturing firms. Review of Industrial Organization 25, pp. 251-273.
• Esteve-Pérez S., Mañez-Castillejo J.A. (2008) The Resource-Based Theory of the Firm and Firm Survival, Small Business Economics, 30, pp. 231-249.
• Evans D.S., Jovanovic B. (1989) An Estimated Model of Entrepreneurial Choice under Liquidity Constraints, Journal of Political Economics, 97, pp. 808-27.
• Frątczak E. (2005) Analiza historii zdarzeń, Oficyna Wydawnicza SGH, Warsaw.
• Freeman J., Carroll G., Hannan M. (1983) The liability of newness: age dependence in organizational death rates. American Sociological Review 48, pp. 692-710.
• Geroski P.A. (1995) What do We know about Entry?, International Journal of Industrial Organization, 13, pp. 421-40.
• Geroski P.A., Mazzucato M. (2001)Modelling the Dynamics of Industry Populations, International Journal of Industrial Organization, 19, pp. 1003-22.
• Görg H., Strobl E. (2003) Footlose multinationals? Manchester School 71, pp.1-19.
• Hannan M.T. (2005) Ecologies of organizations: diversity and identity. Journal of Economy Perspective 19, pp.51-70.
• Hannan M.T., Freeman J.H. (1989) Organizational Ecology, Harvard University Press, Cambridge, MA.
• Hurst E., Lusardi A. (2004) Liquidity Constraints, Household Wealth and Entrepreneurship, Journal of Political Economy, 112, pp. 319-347.
• Johnson P.S. (2005) Targeting Firm Births and Economic Regeneration in a Lagging Region, Small Business Economics, 24, pp. 451-64.
• Kimura F., Fujii T. (2003) Globalizing activities and the rate of survival: panel data analysis on Japanese firms. Journal of Japanese Institutional Economics 17, pp.538-560.
• Lazear E. (2004) Balanced Skills and Entrepreneurship, American Economic Review Papers and Proceedings, 94, pp. 208-11.
• Mahmood T. (2000) Survival of newly founded businesses: a log-logistic model approach. Small BusinessEconomics 14, pp. 223-237.
• Markowicz I. (2012) Statystyczna analiza żywotności firm, Wydawnictwo Naukowe Uniwersytetu Szczecińskiego, Szczecin.
• Marsili O. (2002) Technological Regimes and Sources of Entrepreneurship, Small Business Economics, 19, pp. 217-31.
• Mata J., Portugal P. (2002) The survival of new domestic and foreign owned firms. Strategy Management Journal 23, pp. 323-343.
• Mata J., Portugal P., Guimaraes P. (1995) The Survival of New Plants: Start-up Conditions and Post-entry Evolution, International Journal of Industrial Organization, 13, pp. 459-482.
• Manjon-Antolı M.C., Arauzo-Carod J-M. (2008) Firm survival: methods and evidence, Empirica 35, pp. 1-24.
• Nehrebecka N., Dzik A.M. (2013) Business demography in Poland: microeconomic and macroeconomic determinants of firm survival, University of Warsaw, Faculty of Economic Sciences, Working Papers, No. 8/2013 (93).
• Porter M.E. (1979) The structure within industries and companies performance, Review of Economic and Statistics 61, pp. 214-227.
• Poznańska K. (2008) Cykle życia przedsiębiorstw a instytucjonalna infrastruktura ich funkcjonowania. In: E. Mączyńska (ed.), Bankructwa przedsiębiorstw. Wybrane aspekty instytucjonalne. Przedsiębiorstwo Współczesne. Kolegium Nauk o Przedsiębiorstwie, SGGW Warsaw.
• Ptak-Chmielewska A. (2010) Analiza przeżycia przedsiębiorstw w Polsce na przykładzie wybranego województwa. In: Dittmann P. E. Szabela-Pasierbińska (ed) Prognozowanie w zarządzaniu firmą. Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu PN103, Wrocław.
• Ptak-Chmielewska A. (2012a) Dostępność i przydatność danych do analizy przeżycia przedsiębiorstw, Wiadomości Statystyczne no. 6/2012, Warsaw.
• Ptak-Chmielewska A. (2012b) The Relation between Enterprise Population Dynamics and Economic Cycle, International Journal of Business, Humanities and Technology Vol. 2 No. 2, March. http://www.ijbhtnet.com/
• Silva O. (2006) The Jack-of-All-Trades Entrepreneur: Innate Talent or Acquired Skill?, IZA discussion paper no. 2264, August, Bonn, IZA.
• Stinchcombe F. (1965) Social structure and organizations. In: March JG (ed) Handbook of organizations. Rand McNally, Chicago, pp. 142-193.
• Vivarelli M. (2004) Are All the Potential Entrepreneurs So Good?, Small Business Economics, 23, pp. 41-49.
• Warunki powstania i perspektywy rozwojowe polskich przedsiębiorstw powstałych w latach 2004-2008 (Creation and operation conditions, development prospects of Polish enterprises established in the years 2004-2008), GUS, Warsaw 2010.