Exploring location influences on firm survival rates using parametric duration models

Using parametric duration models applied to an office firm dataset, we carried out an exploratory study about the location influences on firm survival rates. Amongst the variables included, we found that accessibility to infrastructure supply, regional effects, demographic and economic aspects, and rent price are the most significant. Analyses were also depicted by firm type (economic activity sector) along with interactions between these and some location attributes. In addition to bringing a better understanding on firm survival patterns regarding urban characteristics, the results presented in this paper are part of a firm demographic approach. In turn, this is part of a multi-agent system to simulate the co-evolution of firm dynamics and changes in activity-travel patterns.