Related data show that the average lifespan of a private enterprise in China is about 3.7 years, and the average lifespan of a small or medium-sized enterprise is even shorter, only 2.5 years. The average lifespan of a private enterprise in China is about 3.7 years, and the average lifespan of a medium-sized enterprise is even shorter, at 2.5 years.

The average lifespan of a small or medium-sized business in the United States is 8.2 years, while in Japan, the average lifespan of a small or medium-sized business has exceeded 10 years, reaching 12.5 years, and is heading toward 20 years. The average lifespan of a large company in China is 7-9 years, the average lifespan of a large business in Europe and the United States is 40 years, and the lifespan of a large business in Japan is 58 years.

The reasons for the short average lifespan of Chinese companies:

1. From the point of view of the companies themselves: the decision-making ability of the business leaders will directly determine whether the company can stand firm in the market for a long time. In terms of decision-making ability, Chinese entrepreneurs are far inferior to those in developed countries, and the reasons can be summarized as follows:

The popularity of higher education in Europe and the United States is much higher than that in China, and the cultural level of their entrepreneurs is much higher than that of Chinese entrepreneurs. Moreover, the entrepreneurship education system in Europe and the United States is perfect, and many universities have already set up entrepreneurship-related courses, so as long as you step into the university, you can enjoy this education. China has only begun to emphasize entrepreneurial education in recent years.

Unlike domestic university education, universities in Europe and the United States pay more attention to the cultivation of students' practical ability, and emphasize the combination of theoretical knowledge and practice.

Chinese entrepreneurs are more blind and impatient, and they all think about getting rich overnight, so they are very capable of leading a business for a long time.

2, from the point of view of enterprise innovation: very few enterprises will rely on entrepreneurial enterprises to support the market, at the same time, many entrepreneurial enterprises will not be able to get a foothold in the market for various reasons.

Looking around, China's entrepreneurial type is mainly concentrated in the catering, wholesale, retail and low-grade consumer goods and other areas, the threshold of these areas is low, the competition is fierce, if, entrepreneurs are stuck in the old ways, unwilling to innovate, it is difficult to achieve sustainable development.