English, Article, Journal or magazine article edition: Employment Growth of New Firms Elizabeth Garnsey; Elisabeth Garnsey; Petra Gibcus; ...

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Bookmark: http://trove.nla.gov.au/version/1181
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Employment Growth of New Firms
Author
  • Elizabeth Garnsey
  • Elisabeth Garnsey
  • Petra Gibcus
  • Erik Stam
  • Jennifer Telussa
Physical Description
  • preprint
Notes
  • 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.
  • new firms, firm growth, innovation, dynamic capabilities
  • RePEc:jrp:jrpwrp:2008-005
  • This paper provides an overview of empirical studies on employment growth in new firms and offers a systematic analysis of new empirical data to address the methodological issues identified. Using a longitudinal database of 354 firms over their first ten years, we examine factors associated with new firm growth in terms of R&​D, inter-firm alliancing, new product development, and exporting; these are activities that have been identified as denoting dynamic capabilities. The empirical evidence gives some evidence for the positive association between dynamic capabilities and new firm growth. Inter-firm alliancing is the only indicator of dynamic capabilities that has a positive effect on new firm growth. No moderating effect on dynamic capabilities and growth could be seen to be exerted by the level of human capital and/​or firm resources. Environmental dynamism – assumed to be highly relevant in the dynamic capability approach – is not revealed to be a moderating factor affecting the relationship between dynamic capabilities and new firm growth.
  • RePEc:eim:papers:h200716
Language
  • English
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