Analiza trwania firm w woj. zachodniopomorskim
Analysis of the firm duration in the Zachodniopomorskie voivodship

Summary/Abstract: The study company cohorts, like human cohorts, is carried out using the duration analysis methods. The article presents the possibility of using duration arrays and the liquidation intensity function (gambling) of the companies. This function may take a form ”bathtub” — in the case of mortality; inverted U — in the event of liquidation of companies. Empirical studies are the basis to create and develop theories to explain the probability of survival of companies. The English literature emphasizes that the hazard function of the shape of an inverted U is consistent with the theoretical model of learning, which assumes that the entrepreneur needs time to determine whether the company will be able to operate on the market.

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