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What Characterizes a Fast Growing Firm?

Author

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  • Almus, Matthias

Abstract

This paper seeks to empirically identify factors that influence the probability of beinga fast growingfirm in Eastern and Western Germany. Descriptive analyses have shown that most firms experience only small positive or negative employment growth or stagnate over time. The job generation mechanism rests with a handful of firms that increase their employment significantly over time. The empirical analysis shows that the probability of beinga fast growingfirm depends on different factors when separatingEastern and Western Germany as well as usingdifferen t definitions of fast growingfirms. Moreover, the analysis shows that technology-intensive manufacturing branches and knowledge based business related services do not generate the majority of fast growing firms.

Suggested Citation

  • Almus, Matthias, 2000. "What Characterizes a Fast Growing Firm?," ZEW Discussion Papers 00-64, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  • Handle: RePEc:zbw:zewdip:5347
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    File URL: https://www.econstor.eu/bitstream/10419/24412/1/dp0064.pdf
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    References listed on IDEAS

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    Cited by:

    1. Micheline Goedhuys & Leo Sleuwaegen, 2010. "High-growth entrepreneurial firms in Africa: a quantile regression approach," Small Business Economics, Springer, vol. 34(1), pages 31-51, January.

    More about this item

    Keywords

    New Firms; Fast Employment Growth; Technology orientation;

    JEL classification:

    • O39 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Other
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm

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