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Small Business Economics

, Volume 42, Issue 4, pp 669–683 | Cite as

Born to be alive? The survival of innovative and non-innovative French micro-start-ups

  • Tristan Boyer
  • Régis Blazy
Article

Abstract

Based on French data describing the characteristics of entrepreneurs and their projects, this article studies the differences between the determinants of survival for innovative and non-innovative micro-enterprises. We show that the survival of innovative and non-innovative enterprises is linked to personal criteria such as age, gender, belonging to a minority, professional experience and financing sources. Our results also highlight the positive effect of not being alone in the start-up design phase, whereas being involved in a business network after the start-up period has no significant influence. The survival time of innovative enterprises, which is significantly lower than that of the non-innovative ones, seems adversely influenced by the entrepreneur’s previous management experience. Finally, when considering both innovative and non-innovative start-ups, there appears to be a type of “pecking order” as bank financing has a much more positive effect on survival than a personal one, although when focusing solely on innovative ones this difference does not exist.

Keywords

Entrepreneur Innovation Micro-enterprise Survival Pecking order 

JEL Classification

L26 

Notes

Acknowledgments

We woud like to thank Jully Jeunet, Gwenaël Piaser and Eric Strobl for their support and valuable comments.

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Copyright information

© Springer Science+Business Media New York 2013

Authors and Affiliations

  1. 1.IPAG-LABParisFrance
  2. 2.IEP Strasbourg, EM Strasbourg Business SchoolStrasbourgFrance

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