The Struggle for survival: threats to the new and small

The concept of liability of newness has been used to explain why new organizations run a greater risk of mortality (Stinchcombe, 1965). A similar situation occurs with the concept of liability of smallness (Aldrich, & Auster, 1986), which is concerned with the threats facing companies due to their size. Liability of newness/smallness identify factors that hinder the success of a new enterprise, respectively focusing on internal factors and...