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Employment Growth of New Firms

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Author Info

  • Erik Stam

    ()
    (University of Cambridge, Netherlands Scientific Council for Government Policy, Utrecht University and Max Planck Institute of Economics, Jena)

  • Petra Gibcus

    (EIM Business and Policy Research)

  • Jennifer Telussa

    (EIM Business and Policy Research)

  • Elizabeth Garnsey

    (University of Cambridge)

Abstract

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 the growth of new firms? The paper opens with a review of empirical studies on employment growth in new firms and then moves on to a discussion on the role of dynamic capabilities in the explanation of new firm growth. After a description of the data and variables the results and implications of this study are discussed.

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Bibliographic Info

Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2008-005.

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Date of creation: 30 Jan 2008
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Handle: RePEc:jrp:jrpwrp:2008-005

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Keywords: new firms; firm growth; innovation; dynamic capabilities;

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Cited by:
  1. E. Stam & R. Martin, 2012. "When High Tech ceases to be High Growth: The Loss of Dynamism of the Cambridgeshire Regio," Working Papers 12-10, Utrecht School of Economics.

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