Business model innovation and third-party alliance on the survival of new fi rms

@inproceedings{Velu2015BusinessMI,
  title={Business model innovation and third-party alliance on the survival of new fi rms},
  author={Chander Velu},
  year={2015}
}
In this study, we address the question of how the degree of business model innovation affects the survival of new firms. We present a newly constructed data set of 129 new firms that launched electronic trading platforms in the US bond market between 1995 and 2004 following the advent of Internet technology. We analyze the founding and survival of these new firms during the period of our study. We find that new firms with a high or low degree of business model innovation are more likely to… CONTINUE READING