Good times, bad times? Periods of market entry and survival chances of newly founded businesses

This article examines whether start-up business successes have common characteristics due to the time of market entry, and if business success can be predicted based on these. Businesses that begin during economically prosperous times are expected to be more successful, however, increased competition may undermine the positive effects; also, economic downturns may effect businesses that entered during economic booms, because the conditions on which the enterprise was based have changed or disappeared.