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In this paper, we analyzed how business age and mortality are related during the first years of life, and tested the different hypotheses proposed in the literature. For that, we used data on U.S. business establishments, with 1-year…
Microservice architecture advocates a number of technologies and practices such as lightweight container, container orchestration, and DevOps, with the promised benefits of faster delivery, improved scalability, and greater autonomy.…
The purpose of this paper is to investigate if a country quality of governance moderates the effect of natural disasters on startup activity within that country. We test our hypotheses using a panel of 95 countries from 2006 to 2016. Our…
Why do banks fail? We create a panel covering most commercial banks from 1863 through 2024 to study the history of failing banks in the United States. Failing banks are characterized by rising asset losses, deteriorating solvency, and an…
Many studies have analyzed empirically the determinants of survival for innovative startup companies using data about the characteristics of entrepreneurs and management or focusing on firm- and industry-specific variables. However, no…
Over the last 20 years, a very large number of startups have been launched, ranging from mobile application and game providers to enormous corporations that have started as tiny startups. Startups are an important topic for research and…
Our model for the lifespan of an enterprise is the geometric distribution. We do not formulate a model for enterprise foundation, but assume that foundations and lifespans are independent. We aim to fit the model to information about…
Implementing large-scale information and communication technology (IT) projects carries large risks and easily might disrupt operations, waste taxpayers' money, and create negative publicity. Because of the high risks it is important that…
Building on the recent empirical work of Kwa et al. (2025), I show that within their suite of research-engineering tasks the performance of AI agents on longer-duration tasks can be explained by an extremely simple mathematical model -- a…
We study the causes and consequences of bank runs using a novel dataset of bank runs in the United States from 1863 to 1934. Applying large language models to historical newspapers, we identify 3,421 runs on individual banks. The resulting…
Software startups are newly created companies with little operating history and oriented towards producing cutting-edge products. As their time and resources are extremely scarce, and one failed project can put them out of business,…
While technology and trade have made modern food systems increasingly resilient to disruptions, it is unknown if human society could survive the most extreme threats to agriculture, such as from severe climate change or nuclear/biological…
Companies increasingly use either manual or automated system testing to ensure the quality of their software products. As a system evolves and is extended with new features the test suite also typically grows as new test cases are added. To…
Many researchers assume that, for software analytics, "more data is better." We write to show that, at least for learning defect predictors, this may not be true. To demonstrate this, we analyzed hundreds of popular GitHub projects. These…
Beyond the well-known giants like Uber Eats and DoorDash, there are hundreds of independent food delivery platforms in the United States. However, little is known about the sociotechnical landscape of these ``indie'' platforms. In this…
The custom of voluntarily tipping for services rendered has gone in and out of fashion in America since its introduction in the 19th century. Restaurant owners that ban tipping in their establishments often claim that social justice drives…
It is commonly claimed that the initial stages of any startup business are dominated by continuous, extended uncertainty, in an environment that has even been described as chaotic. Consequently, decisions are made in uncertain…
In the domain of technology startups, biotechnology has often been considered as specific. Their unique technology content, the type of founders and managers they have, the amount of venture capital they raise, the time it takes them to…
The impact of ratings on a restaurant plays a major role in attracting future customers to that restaurant. The word of mouth has been systematically replaced with the online reviews. It gives a sense of satisfaction for people to know…
India produces about nine hundred thousand (900K) engineers annually, and many seek computer science and related technology jobs. Given that the IT workforce in India is still young, new graduates get jobs only when the industry grows. A…