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Gazelle firms in Costa Rica: an exploratory study of identification and characterization

Author

Listed:
  • Monge González, Ricardo

    (Comisión Asesora en Alta Tecnología (CAATEC), Costa Rica)

  • Leiva, Juan Carlos

    (Costa Rica Institute of Technology)

  • Torres Carballo, Federico

    (Costa Rica Institute of Technology)

  • Alfaro Ureña, Alonso

    (Costa Rica Central Bank)

  • Morales Sandoval, Cristina

    (Costa Rica Institute of Technology)

  • Solano Gómez, Ángela

Abstract

The purpose of this paper was to identify and to characterize high growth firms –gazelles- in Costa Rica. The identification was achieved by the following measures: employment, sales, production and productivity. The characterization was carried out by its size and geographical location. The information emanated from the Central Bank of Costa Rica national accounts for the period 2005-2012. The most outstanding result was to verify by means of empirical evidence that, according to the variable used, the results change. In particular, production and productivity were the most relevant variables in order to characterize this type of firm. Likewise, it was found that the majority of gazelles were large companies and there was no concentration by geographical location. The article closes with public policy recommendations.

Suggested Citation

  • Monge González, Ricardo & Leiva, Juan Carlos & Torres Carballo, Federico & Alfaro Ureña, Alonso & Morales Sandoval, Cristina & Solano Gómez, Ángela, 2017. "Gazelle firms in Costa Rica: an exploratory study of identification and characterization," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 11(3), pages 17-26.
    • Handle: RePEc:ris:tecemp:1710
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    Cited by:

    1. Raysa Geaquinto Rocha & João J. Ferreira, 2022. "Gazelles (High-Growth) Companies: a Bibliometric Science Map of the Field," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 2911-2934, December.
    2. Lafuente, Esteban & Vaillant, Yancy & Alvarado, Marco & Mora-Esquivel, Ronald & Vendrell-Herrero, Ferran, 2021. "Experience as a catalyst of export destinations: The ambidextrous connection between international experience and past entrepreneurial experience," International Business Review, Elsevier, vol. 30(1).

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