Modeling of the entrepreneurial survival equation of medellín’s industrial sector
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Date
2017
Journal Title
Journal ISSN
Volume Title
Publisher
Corporación Universitaria Lasallista
Abstract
Introduction. The intention of this work is to
invetigate the probability of survival of the new
companies created in the Medellín Industrial sector
between the years 2000 and 2010. Also to highlight
some determinants of the factors of success in the
consolidation and acceptance of companies in the
Market, in the time lapses immediately following
their gestation. Objective. Calculate the cumulative
survival rate of companies belonging to the Industrial
sector of the city of Medellín created in the period
between 2000 and 2010. Considering the size,
legal nature and industrial sector to which it is
circumscribed. Materials and methods. To account
for the objective was used the survival function in a
certain period shows the percentage of companies
alive after a certain number of periods after their
appearance. The risk function shows the percentage
of companies closing t periods of time after its birth.
Results. The risk of disappearance of a company
decreases as the antiquity increases, additionally,
is smaller in companies that are born with a larger
or big size. The creation of companies is greater
among the smaller ones, but present higher mortality
rates in the first years of life. The survival of new
companies is positively related to their size at birth.
Description
Keywords
Corporación Universitaria Lasallista, Pymes, Creación de empresas, Sector industrial - Antioquia, Industrias - Colombia, Supervivencia empresarial
Citation
Revista Lasallista de Investigación Vol. 14 N. 1