Regional variations in new firm job creation: The contribution of high growth start-ups
Much existing work argues that a small number of high growth start-ups create the majority of new firm jobs; that policies aiming to increase the volume (i.e. number) of start-ups in the UKâ€™s less entrepreneurial regions may adversely affect their growth or quality; and, therefore, policy should target high growth new starts. To test these arguments, a database of all UK independent limited companies set up between 2001 and 2005 still operating in 2008 was constructed and analysed. In 2008 there were 351,000 such start-ups with 1.51â€‰m employees. Defining high growth as firms with over 24 employees in 2008, high growth start-ups did not create the majority of new firm jobs and the â€˜job creation problemâ€™ in the UKâ€™s less entrepreneurial regions is too few start-ups rather than a relative absence of high growth start-ups. Consequently, in the UKâ€™s less entrepreneurial regions policy should aim to increase the volume of start-ups.
Volume (Year): 26 (2011)
Issue (Month): 2 (March)
|Contact details of provider:|| Web page: http://www.lsbu.ac.uk/index.shtml|
When requesting a correction, please mention this item's handle: RePEc:sae:loceco:v:26:y:2011:i:2:p:95-107. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.