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Influence of economic crisis on new SME survival: reality or fiction?

2016/01/01 by Virginia Simón-Moya, Virginia Simón‐Moya, Lorenzo Revuelto-Taboada +3 · 1 citation
Business, Management and Accounting · Economics, Econometrics and Finance · #Entrepreneurship Studies and Influences #Firm Innovation and Growth #Private Equity and Venture Capital

paper · doi:10.1080/08985626.2015.1118560

openalex publication_date 2016/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/30

Abstract

The aim of this research was to analyse the survival of new ventures during periods of economic crisis. The article compares survival probability during growth and crisis periods. An empirical study was used to analyse new venture survival probability. Results show that new firms have a greater likelihood of surviving during crisis periods than they do during growth periods. An additional aim of the study was to analyse the survival probability of opportunity and necessity entrepreneurs during crisis periods. Results show that gaps in survival likelihood between opportunity and necessity entrepreneurship are bigger during times of crisis than they are during growth periods.

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