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29 pages aeuMo Asian AxaM bachelor's degree Be6vd better capitalized business startup Castrogiovanni Census Center for Economic Characteristics of Business daa6 daae^ua Dataqase discontinuance econometric Economic Studies Entrepreneur failure rates financial capital firm survival firms described firms started franchise and independent franchise firms franchise operations franchise survival franchise trait franchise units franchisor highly educated owners human capital independent business independent firms industry distribution industry identifier variables item nonresponse jbumo labor input larger scale Law and Economics logistic regression exercise logit analysis McGuckin minority franchise minority-owned firms ndux Nguyen nonminority operating in 1987 oversamples owner age percent profitable Puqlished in Journal qy Timothy Bates regression analysis Research retailing sample self-employment Small Business Longevity small firms ssax survival patterns survival prospects Table 2's tax return Timothy Dunne Total Factor Productivity U.S. Bureau U.S. Manufacturing uvam uvea WordPerfect Xooqca Xooqcs q6xq young franchise