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Long-run factors of firm growth - a study of German firms

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  • Schimke, Antje
  • Brenner, Thomas

Abstract

This paper investigates whether the economic factors that are related to firm growth in the literature also determine the development path of firms. This means that we test which economic factors possess the ability to remain effective for a longer period of time. We examine three variables: firm size, innovation effort and export share. To this end, we use panel-data on 178 German manufacturing firms over the period from 1992 to 2007. We find that the determinants of permanent growth path are not the same as the determinants of firm growth at one point in time.

Suggested Citation

  • Schimke, Antje & Brenner, Thomas, 2011. "Long-run factors of firm growth - a study of German firms," Working Paper Series in Economics 21, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
  • Handle: RePEc:zbw:kitwps:21
    DOI: 10.5445/IR/1000022809
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    References listed on IDEAS

    as
    1. Del Monte, Alfredo & Papagni, Erasmo, 2003. "R&D and the growth of firms: empirical analysis of a panel of Italian firms," Research Policy, Elsevier, vol. 32(6), pages 1003-1014, June.
    2. André van Stel & Mickey Folkeringa & Joris Meijaard & Lorraine Uhlaner, 2007. "The relationship between knowledge management, innovation and firm performance: evidence from Dutch SMEs," Scales Research Reports H200704, EIM Business and Policy Research.
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    Citations

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    Cited by:

    1. Matthias Duschl & Tobias Scholl & Thomas Brenner & Dennis Luxen & Falk Raschke, 2015. "Industry-Specific Firm Growth and Agglomeration," Regional Studies, Taylor & Francis Journals, vol. 49(11), pages 1822-1839, November.
    2. Matthias Duschl & Thomas Brenner, 2013. "Characteristics of regional industry-specific employment growth rates' distributions," Papers in Regional Science, Wiley Blackwell, vol. 92(2), pages 249-270, June.
    3. Nanditha Mathew, 2017. "Drivers of firm growth: micro-evidence from Indian manufacturing," Journal of Evolutionary Economics, Springer, vol. 27(3), pages 585-611, July.
    4. Schaffer, Axel, 2011. "Appropriate policy measures to attract private capital in consideration of regional efficiency in using infrastructure and human capital," Working Paper Series in Economics 31, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    5. Elvira Velarde Lopez & Zochitl Araiza Garza & Anahi Garcia Moreno, 2014. "FIRM AND ENTREPRENEUR FACTORS AND THEIR RELATIONSHIP WITH ECONOMIC SUCCESS IN SME’s IN THE CENTRAL REGION OF COAHUILA, MEXICO,FACTORES DE LA EMPRESA Y DEL EMPRESARIO Y SU RELACION CON EL EXITO ECONO," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 7(5), pages 11-23.

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    More about this item

    Keywords

    firm growth; firm growth paths; firm size; export; innovation effort;
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