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What Characterizes a Fast Growing Firm?

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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 - Leibniz Centre 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. BCHINI Belgacem, 2013. "Towards a Typology of Growth through the Axes of an Innovation Network," International Journal of Business and Social Research, LAR Center Press, vol. 3(9), pages 74-87, September.
    2. 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.
    3. Omo Aregbeyen*, 2012. "The Determinants of Firm Growth in Nigeria," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 22, pages 19-38.
    4. Colombo, Massimo G. & Delmastro, Marco & Grilli, Luca, 2004. "Entrepreneurs' human capital and the start-up size of new technology-based firms," International Journal of Industrial Organization, Elsevier, vol. 22(8-9), pages 1183-1211, November.
    5. Erhardt, Eva, 2018. "Does high growth persist? A focus on growth formulas and the influence of firm exits," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181595, Verein für Socialpolitik / German Economic Association.
    6. Almus, Matthias, 2001. "Evaluating the impact of public start-up assistance: results from an econometric approach," ZEW Discussion Papers 01-23, ZEW - Leibniz Centre for European Economic Research.
    7. BCHINI Belgacem, 2013. "Towards a Typology of Growth through the Axes of an Innovation Network," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 3(9), pages 74-87, July.

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    More about this item

    Keywords

    New Firms; Fast Employment Growth; Technology orientation;
    All these keywords.

    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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