The productivity of enterprises is an important indicator, for individual enterprises as well as for policy makers. For individual firms, their productivity is a main determinant of their performance, while the aggregate productivity is one of the main determinants of economic growth. In this...

For young firms, a clear relationship exists between firm age and productivity. Various studies have shown that the productivity level of new firms is below the average level, while the productivity growth rate of (surviving) young firms is above average. During the first few years, the average...