Literature Review about Determinants of New Firm Formation
Author(s)
Thi Hoa Nguyen , Ngoc Hai Nguyen ,
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Abstract
This paper aims to overview about the determinants of new firm. The results highlight that the factors including population growth, population density, urbanization, income level, exit rate and mean establishment firm size (MES) have a positive correlation with new firm formation, whereas unemployment rate, Foreign Direct Investment (FDI) and Provincial Competitiveness Index (PCI) fail to emerge as significant influences on new firm formation.
Keywords
New firm formation, Vietnam.
References
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