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Gazelles as Job Creators – A Survey and Interpretation of the Evidence

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Author Info
Henrekson, Magnus () (IFN)
Johansson, Dan () (Ratio)

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Abstract

It is often claimed that small and young firms account for a disproportionately large share of net employment growth. We conduct a meta analysis of the empirical evidence regarding whether net employment growth rather is generated by a few 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 services.

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Publisher Info
Paper provided by The Ratio Institute in its series Ratio Working Papers with number 117.

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Length: 35 pages
Date of creation: 07 Feb 2008
Date of revision:
Handle: RePEc:hhs:ratioi:0117

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Related research
Keywords: Firm growth Flyers Gazelles High-growth firms Rapidly growing firms

Find related papers by JEL classification:
D21 - Microeconomics - - Production and Organizations - - - Firm Behavior
L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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References listed on IDEAS
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