Employment Growth of New Firms

Stam, Erik; Gibcus, Petra; Telussa, Jennifer; Garnsey, Elizabeth W.

doi:10.2139/ssrn.1923081

Download This Paper

Open PDF in Browser

Add Paper to My Library

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

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: 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