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Public-private partnerships for financing innovative SMEs

Small and medium sized-enterprises (SMEs) are vital to the economic and social well being of Europe. They provide jobs, products and services in every corner of the EU. They act as an impetus to innovation in society through the boundary pushing work of entrepreneurs and high-technology start-ups. H...

By : Led by Dr. John Rigby (MIoIR, University of Manchester)

From NA, published on 18-12-2009

Intellectual property in a knowledge-based economy : Patents to include vs. patents to exclude.

The traditional perception of patents puts the emphasis on their importance to exclude imitators and to restore incentives to invent. This view is far too restrictive and at variance with many empirical and theoretical works. We show that these contradictions can be overcome by shifting from a tradi...

By : Patrick Cohendet
Matthieu Farcot
Julien Pénin

From Working paper, published on 30-04-2009

Monitoring and Evaluation Methodology for the EU Lead Market Initiative

The aim of this mini-study is to develop an evaluation concept for the Lead Market Initiative of the EU. This concept is meant to be used for interim evaluations of the LMI.The LMI is a novel policy instruments, the first attempt to create Lead Markets, and it applies a complex mix of instruments. T...

By : Prof. Jakob Edler, Prof. Luke Georghiou, Dr. Elvira Uyarra, Deborah Cox, Dr. John Rigby, Yanuar Nugroho (Manchester Institute of Innovation Research, University of Manchester)

Prof. Knut Blind (Fraunhofer ISI, Technical University Berlin)

From NA, published on 02-03-2009

Innovation policy in Europe: who does what?

This PowerPoint presentation was presented at the INNO-GRIPS Early Career Researcher Workshop on Open Innovation and IPR, held at the University of Manchester 26-27 January 2009. Grundberg presents an informative overview of the innovation policy roles played by member states, the European Commissio...

By : Grundberg, L. - DG Enterprise and Industry

From Conference Presentation , published on 03-02-2009

New Directions in R&D: Current and Prospective Challenges

This paper investigates the paradox of research and development (R&D), that is being increasingly undervalued by firms and nations, and yet continues to grow and prosper in terms of overall size and reach. The analysis outlines key developments that are currently affecting the growth and development...

By : Jeremy Howells, University of Manchester

From Journal, published on 27-06-2008

Chile: a Strategy to Promote Innovation Small and Medium Enterprises

Withits strong export orientation and emphasis on competitiveness, the Chilean economic model has been the envy of its neighbours for more than a decade. However, there are underlying vulnerabilities. Historically, exports have been concentrated in mining and agriculture, sectors dominated by large ...

By : Goldberg M. & Palladini E.

From NA, published on 01-02-2008

An evolutionary analysis of the volunteer's dilemma

A public good is produced if and only if a volunteer provides it. There are many pure-strategy Nash equilibria in each of which a single player volunteers. Noisy strategy revisions (for instance, quantal responses) allow play to evolve. Equilibrium selection is achieved via the characterisation of l...

By : David Myatt
Chris Wallace

From Journal, published on 31-01-2008

Innovation, productivity and growth in US business services: A firm-level analysis

This paper examines the impact of innovation on the performance of USbusiness service firms. We distinguish between different levels ofinnovation (new-to-market and new-to-firm) in our analysis, and allowexplicitly for sample selection issues. Reflecting the literature,which highlights the importanc...

By : Mica Ariana Mansurya
James H. Love

From Journal, published on 01-01-2008

Deloitte technology fast 500

The North American Technology Fast 500, founded in 1995, is a program of Deloitte’s* Technology, Media & Telecommunications (TMT) Group.The Technology Fast 500 recognizes the 500 fastest-growing technology, media and entertainment, telecommunications and life sciences companies in the United S...

By : 

From e-Journal & Blog , published on 31-12-2007

Entrepreneurship in Netherlands; high growth enterprises running fast but still keeping control,


By : Dutch Dutch Ministry of Economic Affairs - Dutch Ministry of Economic Affairs (Netherlands)

From Public report, published on 31-12-2007

Statut de la PME de croissance

From high growth enterprises to high growth permanent business. These fast growing small businesses are called Gazelles because they are profitable and generate new jobs in the country.In France, basically the public support involves fiscal policy, labour cost policy, financial market policy and bus...

By : commerce, de l'artisanat, des services et des professions libérales Direction - Ministère de l'économie, des finances et de l'emploi (France)

From NA, published on 28-02-2007

Innovation and Growth: Size Matters

Executives talk about their companies'"DNA" and roles in "businessecosystems," but the analogy to living organisms is more thanmetaphorical. Like the mathematical laws governing how organisms' metabolism,growth, evolution, and mortality depend onsize, there are rules that appear togovern the growth,...

By : Mr Geoffrey B. West - Santa Fe Institute (USA)

From Harvard Business Review, published on 02-02-2007

High-Growth SME Support Initiatives in Nine Countries: Analysis, Categorization, and Recommendations

Several empirical studies confirm the importance of high-growth firms for job creation and economic growth. In order to promote economic growth, new jobs and new growing firms who actually generate employment, are needed. At the aggregate level, growing new firms are required for aggregate job creat...

By : Professor Errko Autio - Imperial College London (United Kingdom)

From Public report, published on 31-01-2007

Are Firm Growth Rates Random? Evidence from Japanese Small Firms’

Anecdotal evidences suggest that a small number of firms continue to win until they finally acquire a big presence and monopolistic power in a market. To see whether such “winner-take-all” story is true or not, we look at the persistence of growth rates for Japanese small firms. Using a ...

By : Saito, Y. and Watanabe, T

From Chapter in edited book, published on 31-12-2006

Laissons courir les gazelles


By : 

From NA, published on 31-12-2006

Volatility and Asymmetry of Small Firm Growth Rates Over Increasing Time Frames

In this report we have summarized our research into the nature of firm growth in the U.S. over the 5 year period 1998-2003 using comprehensive data on U.S. businesses extracted from the Census database. We have analyzed these data with a particular eye to the departures from standard assumptions and...

By : Perline, R., Axtell, R. and Teitelbaum, D.

From Public report, published on 31-12-2006

Innovation in Services

Services innovation is a topic of growing interest for innovation researchers and policy makers alike. This has particularly been so in the last decade, as services have grown to constitute the larger part of employment and output in most industrial countries. The services sectors of these economies...

By : Prof. Ian Miles, University of Manchester

From Chapter in edited book, published on 01-12-2006

Encouraging small business growth. Enabling the enterprise revolution

In 2000, the government set itself the target of making the UK the best place in the world to start and grow a business by 2005. The Small Business Service (SBS) then set out seven themes to deliver this target, including ‘building the capability for small business growth’. This CBI brie...

By : 

From Working Paper, published on 01-09-2006

Employment effects of business dynamics: Mice, Gazelles and Elephants

This paper examines the relationship between business dynamics and employment effects in 320 U.S. Metropolitan Statistical Areas (MSA). Much of the theoretical work on industry dynamics focuses on the role of noisy selection and incomplete information on entry and survival. We extend this research b...

By : 

From Working Paper, published on 18-08-2006

An SME Strategy for France

Gazelles are the 2,000 or so French SMEs (of a total of 1.2 million) that grow two to three times faster than the average SME and account for over half of net SME job creation. French gazelles are a third less profitable than their foreign counterparts, particularly in the UK and the US, due to vari...

By : 

From Journal, published on 26-06-2006

Entrepreneurship and the High Growth Companies: The Evolution of the Gazelles and their Ties to the Territory

Organizational literature has deeply explored the growth of firms and its ties with firm performance. However, there is little literature on high growth companies (the gazelles). Moreover, the majority of literature in organizational growth pays attention to the large companies instead of small and ...

By : j Barès - Bordeaux Business School (France)
J Janczak - University of Chicago Graduate School of Business (USA)
Marie Clerc-Girard - ICN (France)

From Working Paper, published on 01-06-2006

Gazelles Scoping Paper


By : 

From EC reports, published on 31-05-2006

High Growth SMEs

Small businesses are key to economic growth. Recent studies by Industry Canada(Parsley and Dreessen, 2004) and other organizations have identified a smallgroup of small and medium- sized enterprises (SMEs) that contributeddisproportionately to the growth in Canadian employment. These high performers...

By : Huot, P. and Carrington, C.

From Public report, published on 31-05-2006

Annual Report and Resource Accounts 2005-06 For the year ended 31 March 2006

A DTI SERVICE Annual Report and Resource Accounts 2005-06 For the year ended 31 March 2006 2005 2006 Annual Report and Resource Accounts 2005-06 For the year ended 31 March 2006 Presented to the House of Commons pursuant to section 7 of the Government Resources and Accounts Act 2000....

By : DTI

From Public report, published on 31-03-2006

Financing Global Gazelles

The Small Business and Policy Branch of Industry Canada issued a Request for Proposal (RFP) to develop a working definition of "Global Gazelles", and to analyze financing issues faced by such firms. The RFP specified the following four objectives as the scope for this assignment: Identify both...

By : MNP ed. - Meyers Norris Penny (Canada)

From Working Paper, published on 31-03-2006

Financing Global Gazelles

The Small Business and Policy Branch of Industry Canada issued a Request for Proposal (RFP) to develop a working definition of "Global Gazelles", and to analyze financing issues faced by such firms. TheRFPspecified the following four objectives as the scope for this assignment: Identif...

By : 

From NA, published on 31-03-2006

Executive Summary of the First Session of the Gazelles Innovation Panel


By : Professor Errko Autio - Imperial College London (United Kingdom)

From Public report, published on 29-03-2006

Analysis of SME R&D Investment and Policy Implications

The purpose of this study is to seek answers to these important questions: What is the role of SMEs (small- and medium-sized enterprises) when the Korean economy enters the stage of innovation-driven economy? How can the existing SMEs equip themselves with innovation capability? And what kinds of po...

By : Joonghae Suh

From Public report, published on 31-12-2005

Europe's 500 job creating companies

Europe's 500 is the only independent pan-European listing of high growth, job creating companies across all business sectors. Itis researched and published byMCIunder licence from the association formerly known as Europe's 500(now calledEntrepreneurs for Growth).19 European countries (EU, plus ...


From Business (or Representative) Position Paper , published on 31-12-2005

The Emergence of Entrepreneurship Education: Development, Trends, and Challenge

In light of the recent proliferation of entrepreneurship education programs, it is worthwhile to study the current state of entrepreneurship education, as well as the challenges it is likely to face in the future.First, the emergence and historical context of entrepreneurship education, which appear...

By : Kuratko, D.F. (2005) The Emergence of Entrepreneurship Education: Development, Trends, and Challenge, Baylor University

From Journal, published on 31-12-2005

Financing Technology Based High-Growth Company


By : John Hill - PERA (United Kingdom)

From NA, published on 24-11-2005

Presentation at the HiGroSME Workshop in Vienna

The first national HiGroSME Workshop on critical support needs of HiGroSMEs took place on the 28th October in Berlin. Under the title "High Growth SMEs and future European support schemes" the workshop dealt with defining high growth technology enabled SMEs, current support schemes for this target g...

By : 

From Conference Paper, published on 28-10-2005

The successful elements of the Gazelles. A case-study of Gary Hamel's Business Model applied to rapid-growing companies in the region of Gothenburg

Background: Business strategies in order to succeed must be adapted to the rapid changes of an industry in order to achieve sustainable competitive advantages. Gary Hamel, Igor Ansoff and Michael E. Porter present strategic choices for the growth and expansion of a company. Jim Collins is a manageme...

By : 

From NA, published on 27-10-2005

What Happens to Gazelles? The Importance of Dynamic Management Strategy

This paper develops a theory of dynamic management strategies,which is subsequently applied to a group of remarkably dynamic, high-growth firms: gazelles. The theory emphasisesthe importance of firms adjusting strategies in response to changes in the external environment, and explains several key ...

By : Parker, S., Storey, D.J., and van Witteloostuijn, A

From Working Paper, published on 30-09-2005

In search of gazelles using a research DNA model

Though considerable attention in the extant literature has been devoted to growth and performance of firms, there is a dearth of research on rapidly growing and high-performance companies or gazelles, in small to medium sized firms. This paper examines the drivers of rapid growth in manufacturing SM...

By :  Sims, M.A. and O’Regan, N.

From Journal, published on 16-09-2005

Research and Innovation Plan for Catalonia

In Catalonia, the Interministerial Council for Research and Technological Innovation (CIRIT) is the collegiate body which is responsible for planning, coordinating and evaluating research and innovation policies and for defining the major strategic lines of action in this field. Itis against this ba...

By : 

From Public report, published on 31-05-2005

Start-ups, firm growth and the consolidation of the French biotech industry

Based on an original dataset, we analyze empirically the determinants of firm growth in the French biotechindustry during two periods, 1996-1999 and 1999-2002. We have two main results. First, Gibrat’s law is violated. The growth of annual turnover is influenced by the initial size of the fir...

By : Avenel, E., Corolleur, F., Gauthier, C. and Rieus, C.

From Working paper, published on 14-04-2005

Small Firm Growth And Public Policy In The UK: What Exactly Are The Connections?

In this paper we use a treatment model correcting for potential selection bias toevaluate the performance effect of Business Links (BL) assistance on small firms inEngland. More specifically, we consider the growth and productivity effects over the1996 to 2000 period of assistance provided in 199...

By : Stephen Roper and Mark Hart

From Working Paper, published on 31-03-2005

The Geography Of Gazelles In The Netherlands

The purpose of this study is to describe and analyze the spatial pattern of fast-growing young firms in the Netherlands.First, the research sample of high-growth firms is described.Each of the 3,688 independent firms in the sample was between 5 and 11 years old and had generated at least 20 full-t...

By : Stam, E.

From Journal, published on 31-01-2005

A Government Action Plan for Small Businesses

The mainpurpose of this document is to give an overview of the key messages emerging from the review which informed the development of the Action Plan and outline how the SBS will monitor and evaluate progress in delivering the new actions. But it also highlights where there are still gaps in our k...

By : DTI

From Public report, published on 31-12-2004

The Future of Small Businesses in the Federal Government Marketplace

Despite progress made toward small business contracting goals, implementation of the acquisition reforms enacted in the 1990s has limited small businesses’ access to the federal procurement market. Federal agencies have, for instance, not met their goals for women, minorities, or veterans, and...

By : Major L. Clark III - United States Small Business Administration (USA)
Chad Moutray - United States Small Business Administration (USA)

From Public report, published on 21-10-2004

Promoting Entrepreneurship and Innovative SMEs in A Global Economy:Towards A More Responsible and Inclusive Globalization


By : 

From OECD, published on 03-06-2004

High-Growth Enterprises (Gazelles): An Conceptual Framework

The objective of the present paper is to propose an integrative and explanatory model of thehigh-growth companies (gazelles). The present paper analyses high-growth firms (also knownas “gazelles”) in the light of three different theoretical focus: (1) model about firm growth; (2)liter...

By : Moreno, A.M. and Casillas, J.C.

From Working paper, published on 31-12-2003

Impact of Public Policy on Innovative SMEs in Japan

Public policy on innovative small and medium-sized enterprises (SMEs) is regarded as an important issue throughout the world. Japan is not an exception. In 1995, a new policy to revitalize the Japanese economy was implemented. There has been, however, little empirical research conducted on SMEs in J...

By : Eshima, Y

From Journal, published on 31-12-2003

The Innovator's Solution : Creating and Sustaining Successful Growth

In this groundbreaking book, Christensen and Raynor show that innovation is not nearly as random and unpredictable as managers have come to believe. While the outcomes of the innovation process have seemed random—such as superior innovations that tank and unlikely products that take off—...

By : Christensen, J. and Raynor, C

From Book, published on 09-10-2003

Person–entrepreneurship fit: why some people are more successful as entrepreneurs than others

Person–organization fit research suggests that the closer the match between individuals' attitudes, values, knowledge, skills, abilities, and personality, the better their job satisfaction and performance. We suggest that the closer the match between entrepreneurs' personal characteristics and...

By : Markman, G.D. and Baron, R.A.

From Journal, published on 31-08-2003

How Breakthroughs Happen

In this fascinating study of innovation, engineer and social scientist Andrew Hargadon argues that our romantic notions about innovation as invention are actually undermining our ability to pursue breakthrough innovations. Based on ten years of study into the origins of historic inventions and moder...

By : Andrew Hargadon

From Book, published on 31-07-2003

Foundations of Corporate Success: How Business Strategies Add Value

Drawing on his own business experience and on concepts in economics, legal theory, and sociology, John Kay presents a fresh approach to questions of business strategy. He rejects the military analogy which underpins much strategic thinking, in which success depends on size and share, on vision and l...

By : John Kay

From Book, published on 01-03-2003

Growth Plus Europe's 500


By : 

From Public report, published on 31-12-2002

Support for Rapid Growth Firms: A Comparison of the Views of Founders, Government Policy Makers and Private Sector Resource Providers’

The paper contrasts the perspectives of firm owners, government policyadvisers, and external resource providers on how rapid-growth firms should be supported. Qualitative data were analyzed to identify similarities and differences in groups’ perspectives. The research indicates that each group...

By : Prof Eileen Fischer - Schulich School of Business (United Kingdom)
Associate Profes A. Rebecca Reuber - Rotman School of Management (Canada)

From Journal, published on 31-12-2002

Twin engines of growth

We develop an endogenous growth model in which newtechnology and new skills are bounded complements -- they complement each otherto a point, but beyond this the impact of each factor is constrained by the level of the other. As a result, both technological progress and human capitalaccumulation are ...

By : Lloyd-Ellis, H & J. Roberts

From Working paper, published on 31-12-2002

Identifying Success Factors for Rapid Growth in SME E-commerce

With high unemployment rates and major companies downsizing, SME policy has started to move centre stage. The small business job-creation thesis can be traced to David Birch, who placed great emphasis on the job generation process of very rapidly growing businesses he termed Gazelles: "In fact most ...

By : Dr Judith Jeffcoate - Trefoyle (United Kingdom)
Caroline Chappell - Office of Science and Technology Policy (USA)
Frau Sylvie Feindt - Sylvie Feindt Consulting Köln (Germany)

From Journal, published on 31-08-2002

The Impact of the SBIR on Creating Entrepreneurial Behavior’

The U.S. Congress created the Small Business Innovation Research program in 1982 in response to the loss of American competitiveness in global markets. Congress mandated that each federal agency allocate approximately 4% of its annual budget to fund innovative small firms to help restore American in...

By : Professor David Audretsch - Max Planck (Germany)

From Journal, published on 31-01-2002

Capital, emerging high-growth firms, and public policy

Emerging high-growth firms create the lion’s share of jobs in the United States. Even though these firms are economically important, policy researchers have not studied them to a great extent. This focus section tries to stimulate interest in the issue by reporting results of cutting-edge expl...

By : Buss, T. F.

From Book, published on 31-12-2001

The Internet Galaxy: Reflections on the Internet, Business and Society

Manuel Castells is one of the leading sociological analysts of information societies. His prior books about large-scale social transformation have been the subjects of numerous review essays and university symposia, and some scholars view them as classics. The Internet Galaxy interprets for nonspeci...

By : Castells, M

From Book, published on 31-12-2001

On the Growth of Micro and Small Firms: Evidence from Sweden

The relationship between the size, age and growth rate of firms is examined for a large sample of micro and small firms in Sweden. These firms have between 1–100 employees and operate in a geographically concentrated area. Micro and small firms are dominant in the industrial structure and thus...

By : Almas Heshmati - Seoul National University (Korea)

From Journal, published on 30-11-2001

The variance of form growth rates: the ‘scaling’

Certain recently reported statistical regularities relating to the dispersion of firms' growth rates have begun to attract attention among IO economists. These relationships take the form of power law or scaling relationships and this has led to suggestions that the underlying mechanisms which drive...

By : Sutton, J.

From Working paper, published on 30-09-2001

Fast-Growth Family Firms: Lessons from the Gazelles

In an effort to better understand the fast-growth family firm, the article tells about an analysis where a set of companies growing faster than the Fortune 500 but maintaining the same level of profitability. These firms are family owned and family controlled. The average age of these firms is 17 ye...

By : Upton, Nancy B. and Felan, J

From Conference Paper, published on 03-03-2001

New technology and the small firm

This paper examines how and why the role of small business has become more important over time. A special focus is placed on the role of small business in the New Economy....

By : Jovanovic, B.

From Journal, published on 01-02-2001

Is the growth of small firms constrained by internal finance?

This paper examines the long-standing theory that small firm growth is often constrained by the quantity of internal finance. Under plausible assumptions, when financing constraints are binding, an additional dollar of internal finance should generate slightly more than an additional dollar of growt...

By : Carpenter, R.E. And Petersen, B.C.

From Working Paper, published on 22-01-2001

Gambling for growth or settling for survival:The dilemma of the small business adviser

The paper questions aspects of the UK government’s policy to target small firm support on fast-growing firms – to maximise its employment impact. The paper explores the tension between advice likely to increase growth and risk-taking and advice likely to ensure firm survival in the turbu...

By : Mole, K.

From Working paper, published on 31-12-2000

Psychological approaches to entrepreneurial success. A general model and an overview of findings

Small and medium sized enterprises are important for toady's economy. Small and medium sized enterprises are the major agents of economic growth and employment (ECSB newsletter, 1997). Drucker (1985) described this as a shift from a managerial to an entrepreneurial economy. About 99% of the European...

By : Rauch, A. and Frese, M.

From Working Paper, published on 31-12-2000

Economic Impact of Gazelle firms in Finland, Helsinki University of Technology

In this paper, the authors report updated data on acohort of gazelle firms in Finland.They find that high-technology firms are not over-represented in the gazellepopulation. The preliminary analysis also suggests that the ultra-growth ratedoes not appear to have increased the mortality rate of gazel...

By : Professor Errko Autio - Imperial College London (United Kingdom)

From Working Paper, published on 20-09-2000

Innovation in project-based, service-enhanced firms: The construction of complex products and systems.

This paper explores the management of innovation within firms producing complex products and systems. It is based on a study of how design, engineering and construction firms develop and produce buildings and structures. We contend that these project-based, service-enhanced forms of enterprise are n...

By : Gann, D.M.
Salter, A.J.

From Journal, published on 31-08-2000

The Emergence of a Growth Industry: A Comparative Analysis of the German, Dutch and Swedish Wind Turbine Industries

In the 1990s, wind turbines emerged as a growth industry. The industry is dominated by Danish firms but a number of countries have made efforts to develop an indigenous wind turbine industry. These efforts have been of varying success and the purpose of this paper is to unravel the processes behind ...

By : Staffan Jacobsson - Chalmers University of Technology (United Kingdom)
Anna Johnson - Chalmers University of Technology (United Kingdom)

From Working Paper, published on 28-06-2000

High-growth Firms and Employment

ThisSTI Working Paperdealswith this group of rapidly expanding firms. It does so by placing thediscussion into a context of entrepreneurship, arguing that there are two mainaspects to this notion: one of business start-ups and market entry, and anotherone of innovation. Evidence is based on result...

By : Paul Schreye

From Working paper, published on 30-04-2000

Small and Medium Scale Enterprises: A Framework for Intervention

This paper investigates the economic rationale for intervention in support of small- and medium-scale enterprises, on both theoretical and empirical grounds. It argues that the justification for SME interventions lies in market and institutional failures that bias the size distribution of firms, rat...

By : Kristin Hallberg - World Bank (USA)

From Public report, published on 31-12-1999

Innovation Systems in the Service Economy: Measurement & Case Study Analysis

Given the growth in the importance of service sectors, increasing numbers of researchers and policymakers have taken a fresh look at service activities. This includes questioning received wisdom about the innovative capacity of these firms and sectors. The changes that have taken place in some servi...

By : Prof. Stanley Metcalfe, University of Manchester
Prof. Ian Miles, University of Manchester

From Book, published on 01-12-1999

Small Business Finance in Rural and Urban Regions

This discussion concerns what the Office of Advocacy is doing to solve a policy problem.‘the equity gap’ in rural America, The equity gap exists nationwide, with a couple of minor exceptions. The policy problem is that the rapidly growing firms that are generating most of the employment ...

By : Glover, J. W

From Conference Paper, published on 31-08-1999

Linking Entrepreneurship and Economic Growth

In the 1980s stagflation and high unemployment caused a renewed interest in supply side economics and in factors determining economic growth. Simultaneously, the 1980s and 1990s have seen a reevaluation of the role of small firms and a renewed attention for entrepreneurship. The goal of this survey ...

By : Wennekers, S. and Thurik, R

From Journal, published on 01-08-1999

Policy, Prediction and Growth:Picking Start-up Winners?

Based on a number of detailed, in-depth, cases selected from 30 face-to-face company interviews and placed in the context of the literature, this paper will argue that targeted financial support of start-ups, the notion of “picking winners”, is not a viable alternative to blanket cover. ...

By : Freel, M. S.

From Journal, published on 31-12-1998

Strategies of High Growth Firms in Adverse Public Policy and Economic Environments, Frontiers of Entrepreneurship Research

The strategies of high growth firms were studied and compared to the strategies of non-growth new firms and non-growth stable firms in an environment which has been described by various national business environment ratings services as the worst in the United States. Strategies were assessed using t...

By : David Lohmann

From NA, published on 31-12-1998

The Entrepreneurial Society

Entrepreneurial skills are central to the dynamismof a commercial society. We are not just talking about millionaire success but also about people who want to set up their own companies as a positive careerchoice. New businesses can help to create new industries, innovate, provideemployment and rege...

By : Gavron, R., Cowling, M., Holtham, G. and Westall, A.

From Book, published on 31-12-1998

Gazelle, not a Godzilla

US West is also one of themore aggressive of the Baby Bells in offering faster data services tobusinesses. The company has partnered with Qwest Communications Internationaland Williams Cos. to send data over a national network. US West is also a largenational provider of high-speed frame relay servi...

By : Palmeri, C.

From Journal, published on 21-09-1998

Public policy measures to support new technology-based firms in the European Union

Reviews empirical data related to public policy actions undertaken by European governments to provide support to new technology-based firms (NTBFs) in the 1980s and early 1990s. Five specific policy areas are examined: science parks (often nearby commercial spaces having formal and operational links...

By : Storey, D.J. and Tether, B.S

From Journal, published on 30-04-1998

Report of a Think Tank on Rapid Growth Firms


By : Fulcrum Fulcrum Partners - Fulcrum Partners (United Kingdom)

From Public report, published on 19-11-1997

Who's Creating Jobs?


By : prof David Birch - MIT (USA)
Mr A Haggerty - MIT (USA)

From Working Paper, published on 26-09-1997

Zipf's law for cities : an empirical examination

We use data for metro areas in the United States, from the US Census for 1900 - 1990, to test the validity of Zipf's Law for cities. Previous investigations are restricted to regressions of log size against log rank. In contrast, we use a nonparametric procedure to calculate local Zipf exponents fro...

By : Ioannides, Y.M. and Overman, H.G

From Journal, published on 06-09-1997

Small firms, innovation and regional development in Britain in the 1990s

Small firms, innovation and regional development in Britain in the 1990s, Reg. Studies 31, 281-293. This paper analyses regional variations in the growth, innovativeness and other performance characteristics during the 1990s of a sample of 1,000 small and medium sized manufacturing and service enter...

By : Keeble D.

From Public report, published on 01-05-1997

Are Small Firms Important? Their Role and Impact

Are Small Firms Important? Their Role and Impact proposes and supports the claim that small firms make two indispensable contributions to the economy. First, they are an integral part of the renewal process that pervades market economies. New and small firms play a crucial role in experimentation an...

By : Acs, J. Z.

From Book, published on 31-12-1996

The government as venture capitalist: the long-run effects of the SBIR program

Public programs to provide early-stage financing to firms, particularly high-technology companies, have become commonplace in the United States and abroad. The long-run effectiveness of these programs, however, has attracted little empirical scrutiny. This paper examines the impact of the largest U....

By : Josh Lerner

From Working paper, published on 30-09-1996

Growth-oriented SMEs in unfavourable regional environments

Growth-oriented SMEs in unfavourable regionalenvironments, Reg. Studies 29, 489--505. In this paper the research focus is on'counterfactua'; cases of growth-oriented SMEs in peripheral regions of Britain(Scotland, Northern England, Wales and Merseyside). These firms aresystematically compared to thr...

By : Vaessen P. and Keeble D.

From Working Paper, published on 31-12-1995

Can Governments Nurture Young Growing Firms? Qualitative Evidence from a Three Nation Study, Frontiers of Entrepreneurship Research

Principal TopicsA model of the effect of government nurturing policies on early corporate growth is presented and qualitative evidence for the model is outlined. This qualitative research complements quantitative research presented at the previous Babson entrepreneurship research conference. The dat...

By : Jonathan D. Levie

From NA, published on 31-12-1994

Understanding the Small Business Sector

This text introduces the key characteristics of the small business sector. Looking at core business functions, it examines the specific problems that face the small business owner. It shows how the business environment for the smaller firm differs from that of larger companies, and studies how far t...

By : Storey, D. J.

From Book, published on 31-12-1994

'Strategies for Success. A Profile of Growing Small and Medium-sized Enterprises in Canada

A profile of growing small and medium-sized enterprises (GSMEs) in Canada....

By : Baldwin, J.R.
Chandler, W.
Papailiadis, T.

From Book, published on 01-12-1994

Managerial Inputs and the Growth of Rural Small Firms

Growth of rural small firms is influenced by education and work effort of owner or manager, and by degree of technology adoption and planning. Results are based onanalysis of data from a small business survey in twenty-five rural Georgia counties. Employment growth in a sample of manufacturing, sal...

By : 

From Journal, published on 31-08-1994

Cross-national Comparisons of the Variation in New Firm Formation Rates

Cross-national comparisons of the variation in new firm formation rates, Reg. Studies 28,443-456. Births of new firms have been seen to be a major source of new employment creation in developed countries. In the European Community(EC), government policy for much of the 1980s focused upon encouraging...

By : Reynolds, P., Storey, D.J. and Westhead, P

From Journal, published on 04-07-1994

Cross-national comparisons of the variation in new firm formation rates, An Editorial Overview’

No feature of a region is more critical than its economic ell-being. Maintaining the prosperity of the citizens may require continuous economic change and adaptation. Central to such shifts is the birth of new firms-entrepreneurship. Substantial evidence suggests that the implementation of new firms...

By : Reynolds. P.D., Storey D.J. And Westhead, P.

From Journal, published on 04-07-1994

Entrepreneurship and Dynamic Capitalism

Kirchhoff blends economics, business, and governemnt policy to demonstrate that entrepreneurship's role in business formation and growth energizes and maintains the viability of capitalism. Entrepreneurs convert new ideas into marketable products and services and use these to grab market shares from...

By : Kirchhoff, B

From Book, published on 31-12-1993

Bolton 20 Years On: The Small Firm in the 1990's

November 1991 was the 20th anniversary of the seminal Report of the Committee of Inquiry on Small Firms, under the Chairmanship of John Bolton. Few other reports of its kind can have had such an enduring impact on the fields of business, economics, politics and management training. Twenty years on, ...

By : Stanworth, J. and Gray, C.

From Book, published on 28-02-1993

Corporate restructuring and cohesion in the New Europe’

This paper explores some of the conflicts between European policy that permit and underpin the process of corporate restructuring in Europe, and the aims of regional policy. It is argued that despite a focus of EC regional policy on the potential for indigenous development, the large firms continue ...

By : Amin, A., Charles, D.R. and Howells, J

From EC reports, published on 04-01-1992

Formation, Growth, and Survival: Small Firm Dynamics in the U.S. Economy

Four out of five new firms fail within the first five years.This statement has been made so many times that most people believe it is true. But it isn''t. In fact, using a relatively new data source developed by the U.S. Small Business Administration, we found that on the average, 39.8 percent of n...

By : Phillips, B.D., and Kirchhoff, B.A.

From Journal, published on 17-06-1989

SAPPHO Updated. Project SAPPHO Phase II

Project SAPPHO was designed as a systematic attempt to discover differences between successful and unsuccessful innovations. The technique employed is one of paired comparison, where a successful innovation is compared with an unsuccessful innovation, any difference between the two being noted. The ...

By : Rothwell, R.
Freeman, C.
Horsley, A.
Jervis, V.
Robertson, A.
Crawford, J.

From Journal, published on 01-12-1974

The Theory of Economic Development

Schumpeter proclaims in this classic analysis of capitalist society first published in 1911 that economics is a natural self regulating mechanism when undisturbed by “social and other meddlers.” In his preface he argues that despite weaknesses, theories arebased on logic and provide st...

By : Schumpeter, Joseph A.

From Book, published on 01-12-1934

Emerging High-Growth Firms and Economic Development Policy

Emerging high-growth firms create the lion’s share of jobs in the United States. Even though these firms are economically important, policy researchers have not studied them to a great extent. This focus section tries to stimulate interest in the issue by reporting results of cutting-edge expl...

By : Mr Terry Buss - Florida International University (USA)

From Journal, published on 00-00-0000

The Theory of the Growth of the Firm

This book discusses the development of a theory on the growth of the firm. It is shown that the resources with which a particular firm is accustomed to working will shape the productive services its management is capable of rendering. The experience of management will affect the productive services ...

By : Edith T. Penrose - Johns Hopkins University (USA)

From Book, published on 00-00-0000

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