High-Growth Firms: What is the Impact of Region-Specific Characteristics?
This paper analyses high-growth firms in Portugal and aims at assessing the impact of region-specific characteristics on the probability of the firm being high-growth. Using a sample of active firms registered in the database Quadros de Pessoal between 2002 and 2006, the result suggest that high-growth firms is not a random phenomenon and that the region-specific characteristics determine significantly the probability of the firm being high-growth. In particular, industrial diversity, services agglomeration and diversity of employees qualifications in a region explain in a significantly way the probability of a firm being high-growth.
|Date of creation:||2013|
|Date of revision:|
|Contact details of provider:|| Postal: Núcleo de Investigação em Políticas Económicas, Escola de Economia e Gestão, Universidade do Minho, P-4710-057 Braga, Portugal|
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- Acs, Zoltan J. & Armington, Catherine, 2004.
"The impact of geographic differences in human capital on service firm formation rates,"
Journal of Urban Economics,
Elsevier, vol. 56(2), pages 244-278, September.
- Zoltan J. Acs & Catherine Armington, 2004. "The Impact of Geographic Differences in Human Capital on Service Firm Formation Rates," Papers on Entrepreneurship, Growth and Public Policy 2004-15, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
- Natália Barbosa & Vasco Eiriz, 2011. "Regional Variation of Firm Size and Growth: The Portuguese Case," Growth and Change, Wiley Blackwell, vol. 42(2), pages 125-158, 06.
- David B. Audretsch & Dirk Dohse, 2007. "Location: A Neglected Determinant of Firm Growth," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 143(1), pages 79-107, April.
- Zoltan J. Acs & Catherine Armington & Ting Zhang, 2007. "The determinants of new-firm survival across regional economies: The role of human capital stock and knowledge spillover," Papers in Regional Science, Wiley Blackwell, vol. 86(3), pages 367-391, 08.
- Barringer, Bruce R. & Jones, Foard F. & Neubaum, Donald O., 2005. "A quantitative content analysis of the characteristics of rapid-growth firms and their founders," Journal of Business Venturing, Elsevier, vol. 20(5), pages 663-687, September.
- Bjuggren, Carl Magnus & Daunfeldt, Sven-Olov & Johansson, Dan, 2010. "Ownership and High-Growth Firms," Ratio Working Papers 147, The Ratio Institute, revised 29 Sep 2010.
- Catherine Armington & Zoltan Acs, 2002. "The Determinants of Regional Variation in New Firm Formation," Regional Studies, Taylor & Francis Journals, vol. 36(1), pages 33-45.
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