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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
Many studies have established that a small number of firms, known as fast-growth firms or Gazelles, create most of the … access to finance and to human capital are key to increase the number and growth of Gazelles. We also find that high …
Persistent link: https://www.econbiz.de/10010555754
There are signs that public policy is catching on to an understanding that not only start-up firms can achieve high rates of growth. More research is needed to find out what the needs of more mature enterprises might be, before policy lurches away from supporting early stage companies.
Persistent link: https://www.econbiz.de/10010555892
Many studies have established that a small number of firms, known as fast-growth firms or Gazelles, create most of the … access to finance and to human capital are key to increase the number and growth of Gazelles. We also find that high …
Persistent link: https://www.econbiz.de/10010556181
Gazelles, i.e. firms showing rapid growth over a long period of time, have a strong impact on national economic … of the first empiric study of gazelles in Russia. The number of gazelles in this country is higher, while their relative … contribution to GDP growth is lower, than in the Western countries. Gazelles are the only type of middle and large Russian firms …
Persistent link: https://www.econbiz.de/10008597033
Independent, high-growth SMEs are a significant driver of France’s economic growth: they create a large number of jobs, make a significant contribution to innovation and are particularly profitable when they manage to emerge. Their rapid development requires a suitable financing method: once...
Persistent link: https://www.econbiz.de/10010815944
Les PME indépendantes en forte croissance dynamisent le tissu économique français : elles créent de nombreux emplois, contribuent significativement à l’innovation et sont particulièrement rentables lorsqu’elles parviennent à émerger. Leur développement rapide exige un mode de...
Persistent link: https://www.econbiz.de/10010816071
Writing in Small Business Economics Scott Shane argues that policy-makers should stop subsidising start-ups and instead focus on supporting the small subset of new businesses with high growth potential. However, both Shane and other scholars who have made the same argument only offer broad-brush...
Persistent link: https://www.econbiz.de/10010865366
High-growth firms are seen as vital for economic growth. It is important for policy and theory to consider the barriers faced by firms achieving high growth and those with the potential to do so. This article uses data for 4,858 UK SMEs to investigate the obstacles perceived by two sets of...
Persistent link: https://www.econbiz.de/10010865440
Persistent link: https://www.econbiz.de/10010866290