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This paper looks at how well Finland performs in high growth entrepreneurship and uses data from the Global Entrepreneurship monitor to benchmark Finland against other European countries. It is found that Finlands prevalence rate of high growth entrepreneurial activity lags significantly behind...
Persistent link: https://www.econbiz.de/10008578339
The goal of this descriptive paper is to identify which firms add the most employment in Finland. The analysis is based on firm and establishment data from the Finnish Business Register (period 20032006). It is found that in 2006 Finland had 750 High Growth Firms (according to the...
Persistent link: https://www.econbiz.de/10005700435
rapidly growing firms – so-called Gazelles – that are not necessarily small and young. Gazelles are found to be outstanding … job creators. They create all or a large share of new net jobs. On average, Gazelles are younger and smaller than other … firms, but it is young age more than small size that is associated with rapid growth. Gazelles seem to be overrepresented in …
Persistent link: https://www.econbiz.de/10005419153
rapidly growing firms – so-called Gazelles – that are not necessarily small and young. Gazelles are found to be outstanding … job creators. They create all or a large share of new net jobs. On average, Gazelles are younger and smaller than other … firms, but it is young age more than small size that is associated with rapid growth. Gazelles also seem to be …
Persistent link: https://www.econbiz.de/10005645364
This essay argues that the economic contribution of certain firms – be they small, young or rapidly growing – has to be understood in a broader context of creative destruction. Growth of some firms requires contraction and exit of some other firms to free up resources that can be reallocated...
Persistent link: https://www.econbiz.de/10008565789
A small proportion of high growth firms create the majority of all new jobs. For policymakers, it is important to know (1) the obstacles faced by high growth firms are and (2) the obstacles faced by firms with the potential to achieve high growth, but which are yet to achieve this. This...
Persistent link: https://www.econbiz.de/10009647320
This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...
Persistent link: https://www.econbiz.de/10005090511
Innovative start-ups are an important driver of economic growth. This article presents empirical evidence on the effects of R&D on new product development, inter-firm alliances and employment growth during the early life course of firms. We use a dataset that contains a sample of new firms that...
Persistent link: https://www.econbiz.de/10005090550
This article describes the benefits and pitfalls of starting a firm with an entrepreneurial team, drawing on a longitudinal empirical analysis of the life course of 90 team start-ups and 1196 solo start-ups in the Netherlands. In the first three years of their existence, team start-ups perform...
Persistent link: https://www.econbiz.de/10005588038
Based on a three equations model for initial firm size, survival and firm growth we estimate firm-specific transition probabilities between size classes of the firm size distribution. This allows to analyze counterfactual scenarios that assess the impact of changes in exogenous variables on the...
Persistent link: https://www.econbiz.de/10010840883