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Employment Growth of New Firms


Erik Stam


University of Utrecht - Tjalling C. Koopmans Research Institute

Petra Gibcus


EIM Business and Policy Research

Jennifer Telussa


EIM Business and Policy Research

Elizabeth W. Garnsey


University of Cambridge - Judge Business School
January 1, 2008

Centre for Technology Management (CTM) Working Paper, No. 2008/02

Abstract:     
This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and the growth of new firms? The paper opens with a review of empirical studies on employment growth in new firms and then moves on to a discussion on the role of dynamic capabilities in the explanation of new firm growth. After a description of the data and variables the results and implications of this study are discussed.

Number of Pages in PDF File: 28

Keywords: New firms, firm growth, innovation, dynamic capabilities

JEL Classification: D21, L23, M13, M21

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Date posted: September 6, 2011  

Suggested Citation

Stam, Erik, Gibcus, Petra, Telussa, Jennifer and Garnsey, Elizabeth W., Employment Growth of New Firms (January 1, 2008). Centre for Technology Management (CTM) Working Paper, No. 2008/02. Available at SSRN: http://ssrn.com/abstract=1923081 or http://dx.doi.org/10.2139/ssrn.1923081

Contact Information

Erik Stam
University of Utrecht - Tjalling C. Koopmans Research Institute ( email )
Adam Smith Building
Kriekenpitplein 21-22
Utrecht, 3584 EC
Netherlands
Petra Gibcus
EIM Business and Policy Research ( email )
P.O. Box 7001
Zoetermeer, 2701 AA
Netherlands
Jennifer Telussa
EIM Business and Policy Research ( email )
P.O. Box 7001
Zoetermeer, 2701 AA
Netherlands
Elizabeth W. Garnsey (Contact Author)
University of Cambridge - Judge Business School ( email )
Trumpington Street
Cambridge, CB2 1AG
United Kingdom
+44 (0) 1223 338183 (Phone)
HOME PAGE: http://www.jims.cam.ac.uk/people/faculty/garnseye.html
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