To Örebro University

oru.seÖrebro University Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Competencies and Institutions Fostering High-growth Firms
Research Institute of Industrial Economics (IFN), Stockholm, Sweden.
The Ratio Institute, Stockholm, Sweden. (Företagandet och företagandets villkor)ORCID iD: 0000-0002-5610-8526
2009 (English)In: Foundations and Trends in Entrepreneurship, Vol. 5, no 1, p. 1-80Article in journal (Refereed) Published
Abstract [sv]

High-growth firms (HGFs) are critical for net job creation and economic growth. We analyze HGFs using the theory of competence blocs, linking firm growth to property rights and the interaction of complementary expertise. Specifically, we discuss how the institutional framework affects the prevalence and performance of HGFs. Firm growth is viewed as resulting from the perpetual discovery and use of productive knowledge. A key element in this process is the competence bloc, a nexus of economic actors with complementary competencies that are vital in order to generate and commercialize novel ideas. The institutional framework determines the incentives for these individuals to acquire and utilize knowledge. We identify a number of institutions that foster the emergence of competence blocs and the creation of HGFs. In particular, our analysis points to the pivotal roles played by tax structures, labor market regulation, and the contestability of currently closed service markets. Finally, we characterize institutions beneficial for sclerotic or dynamic capitalism, respectively, depending on whether they provide a favorable environment for the emergence of competence blocs and the creation of HGFs.

Place, publisher, year, edition, pages
Now Publishers Inc., 2009. Vol. 5, no 1, p. 1-80
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:oru:diva-42767DOI: 10.1561/0300000026Scopus ID: 2-s2.0-64549163347OAI: oai:DiVA.org:oru-42767DiVA, id: diva2:789329
Available from: 2015-02-18 Created: 2015-02-18 Last updated: 2017-10-17Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full textScopus

Authority records

Johansson, Dan

Search in DiVA

By author/editor
Johansson, Dan
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 693 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf