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Identifying potential fast growth firms in the Polish small firm stratum

Author

Listed:
  • Mulhern, Alan

    (Kingston University London)

  • Ghatak, Subrata

    (Kingston University London)

Abstract

Polish small firm policy stresses the importance of fast growing small firms. This paper examines the statistical work emerging from survey data of the Polish small firm sector in 1999 which tested for the optimism of this stratum with respect to immediate growth prospects and EU accession. The statistical analyses reveal the following variables correlated with such optimism: the region of establishment, branch of activity, ownership of other national enterprises, extent of internet use, knowledge of EU markets, the difficulty of obtaining a bank loan, the existing level of exports and franchising activity, a recent increase in the level of fixed assets and income, the level of human capital and the technological level of a small firm’s products. On this basis a profile of the potential fast growing Polish small firm is drawn. Policy implications are explored particularly the need for a differentiated policy for firms at different stages of growth and in regions of different development levels.

Suggested Citation

  • Mulhern, Alan & Ghatak, Subrata, 2002. "Identifying potential fast growth firms in the Polish small firm stratum," Economics Discussion Papers 2002-8, School of Economics, Kingston University London.
  • Handle: RePEc:ris:kngedp:2002_008
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    More about this item

    Keywords

    Polish small firms; surveys; statistical analysis; regional development; fast growth;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • L00 - Industrial Organization - - General - - - General
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects

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