Employment Growth of New Firms

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

28 Pages Posted: 6 Sep 2011

See all articles by Erik Stam

Erik Stam

Utrecht University - School of Economics; Utrecht University - 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

Date Written: January 1, 2008

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.

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

JEL Classification: D21, L23, M13, M21

Suggested Citation

Stam, Erik and Gibcus, Petra and 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: https://ssrn.com/abstract=1923081 or http://dx.doi.org/10.2139/ssrn.1923081

Erik Stam

Utrecht University - School of Economics ( email )

Kriekenpitplein 21-22
Adam Smith Building
Utrecht, +31 30 253 7373 3584 EC
Netherlands

Utrecht University - 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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