Who Do High-Growth Firms Hire?

Forthcoming, Industrial and Corporate Change

43 Pages Posted: 24 Jul 2013

See all articles by Alex Coad

Alex Coad

CENTRUM Catolica Graduate Business School

Sven-Olov Daunfeldt

University of Umea - Department of Economics

Dan Johansson

Ratio Institute

Karl Wennberg

Linkoping University - Institute for Analytical Sociology (IAS)

Date Written: July 23, 2013

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.

Keywords: high-growth firms, employment

JEL Classification: D24, L25, L26

Suggested Citation

Coad, Alex and Daunfeldt, Sven-Olov and Johansson, Dan and Wennberg, Karl, Who Do High-Growth Firms Hire? (July 23, 2013). Forthcoming, Industrial and Corporate Change. Available at SSRN: https://ssrn.com/abstract=2297661

Alex Coad

CENTRUM Catolica Graduate Business School ( email )

1801 Universitaria Avenue
San Miguel
Lima, Lima Lima32
Peru

Sven-Olov Daunfeldt

University of Umea - Department of Economics ( email )

Umeå University
Umea, SE - 90187
Sweden
+46-90-786 99 92 (Phone)
+46-90-772 302 (Fax)

Dan Johansson

Ratio Institute ( email )

P.O. Box 3203
SE-103 64 Stockholm
Sweden

Karl Wennberg (Contact Author)

Linkoping University - Institute for Analytical Sociology (IAS) ( email )

Norrköping, 601 74
Sweden

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