Relevant factors in public services optimization to support entrepreneurs and the survival rate of companies

Abstract

This article deals with issues related to the optimization of support services for entrepreneurs as an alternative to face crisis in developed economies. This work expects to represent an initial step to obtain a useful guidance methodology for any organization supporting entrepreneurship. For this purpose, a literature review on the factors that affect entrepreneurs’ survival is presented, as well as the corresponding methodological approaches used to model this phenomenon by means of quantitative analysis techniques. Using data from 2013, we selected a sample of 1,618 entrepreneurs from the European region with the worst unemployment rates in the current decade: Andalusia, in the south of Spain. Our results could be extrapolated to regions with analogous problems. This study verifies how, through multivariate analysis, the factors that influence survival can be better known, allowing to strengthening support services. It is concluded that certain variables related to the type of support service are particularly relevant, such as the “total number of support services in the first months”, “passing through a previous pre-incubation process”, “being present in any incentive request or employment plan”, and others classified as “legal form” or “geographical location”.