KTH/CESIS Working Paper Series in Economics and Institutions of Innovation
Survival of born global firms – do employee characteristics matter for survival?
Abstract: This paper investigates whether employee characteristics
matter for firm survival. The focus of the paper is on born global firms
both within the manufacturing and KIBS industries. A Cox proportional
hazard model is implemented to find hazard ratios of the included employee
and control variables. The results show little significance of individual
employee characteristics as determinant for survival rates when born global
firms are investigated. Furthermore, neither spinouts nor firms categorized
as future exporters show much significance on individual characteristics.
However, when the sample is extended to include the total amount of new
firms, we see that individual employee characteristics matter for survival.
This is especially true for measurements of education levels, which affect
survival rates positively.
Keywords: Born global firms; firm survival; employee characteristics; Cox proportional hazard model; (follow links to similar papers)
JEL-Codes: F14; L25; L26; M13; M21; (follow links to similar papers)
26 pages, March 16, 2012
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