The survival and growth of ‘ adolescent ’ high-tech firms in Germany and the UK , 1997 – 2003

• Once an NTBF has survived to its 5th year, there is an approximately 80% chance that the firm will still be trading in its 12th year. • High-tech young firms, once started, are less vulnerable to failure in dynamic and competitive technology markets than is popularly assumed. • Despite the severe downturn in high-tech markets starting in the year 2000, a… CONTINUE READING