| 1. |
- Coad, Alex, et al.
(författare)
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High-growth firms : introduction to the special section
- 2014
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 23:1, s. 91-112
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Tidskriftsartikel (refereegranskat)abstract
- High-growth firms (HGFs) have attracted considerable attention recently, as academics and policymakers have increasingly recognized the highly skewed nature of many metrics of firm performance. A small number of HGFs drives a disproportionately large amount of job creation, while the average firm has a limited impact on the economy. This article explores the reasons for this increased interest, summarizes the existing literature, and highlights the methodological considerations that constrain and bias research. This special section draws attention to the importance of HGFs for future industrial performance, explores their unusual growth trajectories and strategies, and highlights the lack of persistence of high growth. Consequently, while HGFs are important for understanding the economy and developing public policy, they are unlikely to be useful vehicles for public policy given the difficulties involved in predicting which firms will grow, the lack of persistence in high growth levels, and the complex and often indirect relationship between firm capability, high growth, and macro-economic performance.
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| 2. |
- Coad, Alex, et al.
(författare)
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A field guide for gazelle hunters : Small, old firms are unlikely to become high-growth firms
- 2022
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Ingår i: Journal of Business Venturing Insights. - : Elsevier. - 2352-6734. ; 17
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Tidskriftsartikel (refereegranskat)abstract
- We map the distribution of High-Growth Firms (HGFs, or “gazelles”) across the dimensions of firm size and firm age using contour plots, where firm size and growth are measured in terms of employees. The analysis is based on Swedish total population data for the period 1990–2016, covering approximately 11, 000, 000 firm-year observations. The results show that the majority of HGFs are small, which partly follows the high representation of small firms in the population. Yet when considering the proportions of HGFs across firm ages and sizes, a distinct feature emerges in that the territory of small, old firms appears to be almost completely deserted—despite their large overall numbers—where firms in this category have the (by far) lowest chances of becoming HGFs.
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| 3. |
- Coad, Alex, et al.
(författare)
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John Haltiwanger : recipient of the 2020 Global Award for Entrepreneurship Research
- 2022
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Ingår i: Small Business Economics. - : Springer. - 0921-898X .- 1573-0913. ; 58:1, s. 15-25
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Tidskriftsartikel (populärvet., debatt m.m.)abstract
- The 2020 Global Award for Entrepreneurship Research has been awarded to Professor John Haltiwanger. John Haltiwanger has made significant contributions to the field of entrepreneurship by improving our understanding of job creation and destruction, productivity growth, and the role of small- and medium-sized firms (SMEs) in economic development. He has played a major role in the careful development of large, longitudinal firm-level datasets, and introduced a novel and widely adopted measure of firm growth that addresses previous statistical biases. His work has influenced public policy and national statistical offices around the world. Plain English Summary The winner of the 2020 Global Award for Entrepreneurship Research, John Haltiwanger, has pioneered research showing that it is mainly firm age, not size, that matters for job creation. Through analyzing the relationship between employment, growth, and firms, he has advanced our understanding of how the economy works. He has done this by building new datasets and introducing a new measure of firm growth, solving problems encountered with earlier techniques. His work has also broadened the policy debate on entrepreneurship and inspired people all around the world. From a policy perspective, John Haltiwanger has shown that it is difficult to justify targeted industrial and commercial policies, and if job creation is to be supported, politicians need to target young firms rather than small firms. These important findings from John Haltiwanger's pioneering work have been published in world-class leading academic and scientific journals.
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| 4. |
- Coad, Alex, et al.
(författare)
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Who do High-growth Firms Employ, and Who do they Hire?
- 2011
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Rapport (övrigt vetenskapligt/konstnärligt)abstract
- The purpose of this paper is to study who high-growth firms (HGFs) hire using a matched employer-employee dataset for all knowledge intensive industries in Sweden, where high growth is measured over the period 1999- 2002. The results indicate that HGFs to a larger extent employ young people, immigrants, and individuals with longer unemployment periods. However, these patterns seem contingent on the stage of firm evolution. HGFs that have already realized rapid growth seem to start focusing on hiring individuals from other companies, even though immigrants are still overrepresented among new employees.
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| 5. |
- Coad, Alex, et al.
(författare)
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Whom do high-growth firms hire?
- 2014
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Ingår i: Industrial and Corporate Change. - : Oxford University Press (OUP). - 0960-6491 .- 1464-3650. ; 23:1, s. 293-327
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Tidskriftsartikel (refereegranskat)abstract
- We study employment and new hires among high-growth firms (HGFs) in the Swedish knowledge-intensive sectors 1999-2002. Using matched employer-employee data, we find that HGFs are more likely to employ young people, poorly educated workers, immigrants, and individuals who experienced longer unemployment periods. However, these patterns seem contingent on the stage of the firm's evolution. HGFs that have already realized some rapid growth are more likely to hire individuals from other firms, even though immigrants are still overrepresented among new hires. In the case of both HGF employees and HGF new hires, employment opportunities in HGFs are provided by young and small firms.
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| 6. |
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