Survival analysis of newly formed companies in the years 2009–2013
Hanna Soroka-Potrzebna
Abstract
Open-access reader
Hanna Soroka-Potrzebna
Abstract
Open-access reader
New companies are an opportunity to develop a region, increase its employment and GDP, and push a country’s economy forward. However, only some of them survive the barriers and vicissitudes the economy throws up before them. Analysis of data on Poland allow us to assess whether the country’s economy enables newly formed companies to survive more than a year or two, or if tends to close the door on them before they can fully develop their activities. The article also shows the types of barriers that are most burdensome for newly formed companies, and what should be changed so that Polish enterprise can grow.
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New companies are an opportunity to develop a region, increase its employment and GDP, and push a country’s economy forward. However, only some of them survive the barriers and vicissitudes the economy throws up before them. Analysis of data on Poland allow us to assess whether the country’s economy enables newly formed companies to survive more than a year or two, or if tends to close the door on them before they can fully develop their activities. The article also shows the types of barriers that are most burdensome for newly formed companies, and what should be changed so that Polish enterprise can grow.
Key concepts: Business