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Whom do high-growth firms hire?

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  • Alex Coad
  • Sven-Olov Daunfeldt
  • Dan Johansson
  • Karl Wennberg

Abstract

We study employment and new hires among high-growth firms (HGFs) in the Swedish knowledge-intensive sectors 1999--2002. Using matched employer--employee data, we find that HGFs are more likely to employ young people, poorly educated workers, immigrants, and individuals who experienced longer unemployment periods. However, these patterns seem contingent on the stage of the firm's evolution. HGFs that have already realized some rapid growth are more likely to hire individuals from other firms, even though immigrants are still overrepresented among new hires. In the case of both HGF employees and HGF new hires, employment opportunities in HGFs are provided by young and small firms. Copyright 2014 The Author 2014. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

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  • Alex Coad & Sven-Olov Daunfeldt & Dan Johansson & Karl Wennberg, 2014. "Whom do high-growth firms hire?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 23(1), pages 293-327, February.
    • Handle: RePEc:oup:indcch:v:23:y:2014:i:1:p:293-327
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