Insights into the Swiss Entrepreneurship Ecosystem and Implications for the Mediterranean Region
Insights into the Swiss Entrepreneurship Ecosystem and Implications for the Mediterranean Region

Author(s): Peter Vogel, Stefano Baruffaldi
Subject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: ASERS Publishing
Keywords: startup planning; business survival; corporate reputation; business plan; sustainability; strategic planning for startup
Summary/Abstract: Many young companies do not survive the first stage of life. This trend is typical of these young companies because the low survival rates characterize these companies regardless of the year they were started, industry and country of operation (in the fifth paragraph of this chapter the findings of the analysis are shown). For this reason, the cause of their fragility is to be found in what companies have in common in the early years of their life. These distinguishing factors differentiate those ones that have already passed the first stage of life. Young companies do not have a history demonstrating the ability to meet the expectations of customers, investors, lenders, strategic partners, suppliers, and dealers.

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