Speciation is the evolutionary process by which new biological species arise. The speciation rate refers to how quickly this process occurs.
Several factors influence the rate at which new species form:
Extinction is the termination of a lineage, meaning the complete disappearance of a species. While extinction affects the overall number of species (biodiversity), it is the opposite process of speciation. Extinction eliminates species; it does not generate new ones. Therefore, extinction rate does not directly influence or drive the rate of speciation.