Start-Ups

Investigating the Impact of the Technological Environment on Survival Chances of Employer Entrepreneurs

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Executive Summary

In order to mitigate the negative consequences of the current economic and financial crisis, it is of utmost importance that existing jobs remain intact as much as possible. In this respect, it is crucial that firms which employ personnel, survive. In this paper, the authors investigate the role of the technological environment in determining the survival chances of employer entrepreneurs, defined as owner managers of firms which employ personnel. They estimate survival models to analyze durations as an employer entrepreneur, using micro panel data from EU-15 countries drawn from the European Community Household Panel (ECHP).

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