Firm dissolution in high-tech sectors: An analysis of closure and M&A

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• 作者：Luca Grilli ; Evila Piva ; Cristina Rossi Lamastra
• 关键词：Firm dissolution ; Closure and M& ; A ; Liability of newness and smallness ; High-tech start-ups
• 刊名：Economics Letters
• 出版年：2010
• 出版时间：October 2010
• 年：2010
• 卷：109
• 期：1
• 页码：14-16
• 全文大小：186 K

文摘

We empirically investigate firm dissolution in high-tech sectors by distinguishing between closure and merger/acquisition (M&A) and discussing the different antecedents of the effects of age and initial size on the two dissolution types.