The relation between firm size and survival under different product life cycle stages

• Main Authors: Xuan-Yu Ma, 馬宣羽
• Other Authors: NONE
• Format: Others
• Language: zh-TW
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/51656854223062334066

碩士 === 中原大學 === 國際貿易研究所 === 95 === Because of the developments over industry life cycle stages, some systemic changes such as the number of firms, the form of innovation, source of information will be different in stages. Therefore the effect of a certain factor influenced firm survival might change with industry life cycle stages. By this way, Agarwal and Audretsch (2001) proced the research about firm entry size and firm survival, and they found that the relation between firm entry size and firm survival should depend on different industry life cycle stages. Therefore the classification of industry life cycle stages is important by this way. However the conventional procedure of classification has some drawbacks in some ways : the first, the conventional classification has some limit about the distribution and variance of sample ; second, the classification of industry life cycle stages do not have any statistical significance. After considering the importance to relevant research of industry life cycle, we want to try another method to solve those problems and hope that we can be more comprehensive in the study about firm performance and industry life cycle stages. About our empirical result, in the analysis of Cox Proportional Hazard regression, the hazard rate of small firms compared with the big ones declined if we use Chow Test to identify the industry life cycle stage. In the analysis of Life table, when we use Chow Test to identify the industry life cycle, the declined survival rate of small firms in mature stage is smaller than big firms. And the Gaussian Kernel Smoother, the hazard rate of small firms and big firms is different with firm age.