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How far Do gazelles run? Growth Patterns of Regular Firms, High Growth Firms and Startups

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  • Ramy El-Dardiry
  • Benedikt Vogt

Abstract

High growth firms receive a lot attention from policy. In many countries, policies to stimulate economic growth target startups -- loosely defined as young firms that often rely on new technology to develop scaleable business models. Despite their prominence in policy, it turns out to be difficult to study these firms empirically as there is no clear way to isolate startups from the broader set of entrants in an economy. Recently, the toolkit to study startups has been extended as privately owned databases about innovative firms have become available. These databases offer a potentially rich and up to date source of information which complements data from national statistics agencies. However, evidence on how representative these type of databases are when it comes to HGFs or the startup landscape of a country is scarce. Little is known about how growth patterns of firms included in private startup databases actually compare to the residual firm population in a country. A more thorough understanding of the general validity of private startup databases is therefore much needed.

Suggested Citation

  • Ramy El-Dardiry & Benedikt Vogt, 2022. "How far Do gazelles run? Growth Patterns of Regular Firms, High Growth Firms and Startups," CPB Discussion Paper 432, CPB Netherlands Bureau for Economic Policy Analysis.
    • Handle: RePEc:cpb:discus:432
    DOI: 10.34932/tna2-rr44
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    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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