eBook - ePub

New Entrants and Small Business Graduation in the Market for Federal Contracts

Name: New Entrants and Small Business Graduation in the Market for Federal Contracts
ISBN: 9781442280922

Andrew P. Hunter,

Samantha Cohen,

English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

New Entrants and Small Business Graduation in the Market for Federal Contracts

Andrew P. Hunter,

Samantha Cohen,

About this book

This paper garners information crucial to understanding business growth for new entrants and small businesses who contract with the federal government by utilizing publicly available contracting data from the Federal Procurement Data System (FPDS) to track new entrants from 2001-2016. This information is then used to evaluate entrances, exits, and status changes among federal vendors with the purpose of comparing challenges faced by small businesses with those of larger ones. Measuring market trends over time and in multiple sectors shows how the challenges facing small businesses, such as market barriers to entry and imperfect competition, keep them from growing. The final results compare the survival rates between small and non-small new entrants contracting with the federal government and analyze the graduation rates for those small new entrants who grew in size during the observation period and survived after ten years. The study finds that around 40 percent of new entrants exit the market for federal contracts after three years, around 50-60 percent after five years, and only about one-fifth of new entrants remain in the federal contracting arena in the final year of observation. Across the six samples studied, thegraduation rates of small businesses consistently decrease.

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Yes, you can access New Entrants and Small Business Graduation in the Market for Federal Contracts by Andrew P. Hunter,Samantha Cohen in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & National Security. We have over one million books available in our catalogue for you to explore.