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Startups' chances of success flat over the years: study
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Janice Heng
Published Mon, Aug 13, 2018 · 09:50 PM
Singapore
THE probability that new firms in Singapore will succeed has remained largely constant since 2001, though the increasing number of startups means each cohort contains more potential successes, according to a report by Ministry of Trade and Industry economists Chia Keat Loong and Reuben Foong.
Founder experience, export activity and intellectual property ownership were found to be associated with higher chances of success.
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