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- Daunfeldt, Sven-Olov, 1970-, et al.
(författare)
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Using the Eurostat-OECD Definition of High-Growth Firms : A Cautionary Note
- 2015
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Ingår i: Journal of Entrepreneurship and Public Policy. - : Emerald Group Publishing Limited. - 2045-2101 .- 2045-211X. ; 4:1, s. 50-56
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Tidskriftsartikel (refereegranskat)abstract
- Purpose – High-growth firms (HGFs) have attracted an increasing amount of attention from researchers and policymakers, and the Eurostat-Organisation for Economic Co-operation and Development (OECD) definition of HGFs has become increasingly popular. The paper aims to discuss this issue.Design/methodology/approach – The authors use a longitudinal firm-level data set to analyze the implications of using the Eurostat-OECD definition.Findings – The results indicate that this definition excluded almost 95 percent of surviving firms in Sweden, and about 40 percent of new private jobs during 2005-2008.Research limitations/implications – The proportion of small firms and their growth patterns differ across countries, and the authors therefore advise caution in using this definition in future studies.Practical implications – Policy based on the Eurostat-OECD definition of HGFs might be misleading or even counterproductive.Originality/value – No previous studies have analyzed the implications of using the Eurostat-OECD definition of HGFs.
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