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Gazelles as job creators: a survey and interpretation of the evidence
The Ratio Institute, Stockholm, Sweden .
Research Institute of Industrial Economics, Stockholm, Sweden . (Företagandet och företagandets villkor)ORCID iD: 0000-0002-5610-8526
2010 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 35, no 2, 227-244 p.Article in journal (Refereed) Published
Abstract [en]

It is often claimed that small and young firms account for a disproportionately large share of net employment growth. We conduct a meta-analysis of the empirical evidence regarding whether net employment growth rather is generated by a few rapidly growing firms—so-called Gazelles—that are not necessarily small and young. Gazelles are found to be outstanding job creators. They create all or a large share of new net jobs. On average, Gazelles are younger and smaller than other firms, but it is young age more than small size that is associated with rapid growth. Gazelles exist in all industries. They seem not to be overrepresented in high-technology industries, but there is some evidence that they are overrepresented in services.

Place, publisher, year, edition, pages
Springer, 2010. Vol. 35, no 2, 227-244 p.
Keyword [en]
entrepreneurship, firm growth, high-impact firms, job creation, rapidly growing firms
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:oru:diva-42772DOI: 10.1007/s11187-009-9172-zISI: 000280599100007Scopus ID: 2-s2.0-77953501455OAI: oai:DiVA.org:oru-42772DiVA: diva2:789338
Available from: 2015-02-18 Created: 2015-02-18 Last updated: 2016-09-22Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
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Language
  • de-DE
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  • en-US
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  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
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Output format
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  • text
  • asciidoc
  • rtf