—Startup firms usually have lower survival
probabilities. For startup firms, initial founding conditions are
intrinsic characters that may directly influence their survival
probabilities. This study aims to examine the effects of initial
conditions on a new business’s survival probability, using a
sample of Taiwan’s securities firms. We adopt event history
analysis to explore the relationship between survival
probability and initial conditions, including initial scale, entry
timing, and equity network support at founding. Empirical
results support all hypotheses.
—Initial condition, survival probability,
Hsien-Jui Chung is with the National Chung Cheng University, Taiwan
(R.O.C.) (e-mail: email@example.com).
Cite: Hsien-Jui Chung and Wei-Wan Liao, "The Relationship between Initial Conditions and
Organizational Survival: An Empirical Examination of
Taiwan’s Securities Firms," Journal of Economics, Business and Management vol. 3, no. 3, pp. 319-321, 2015.