By OECD
ISBN-10: 9264048782
ISBN-13: 9789264048782
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Additional info for High-Growth Enterprises: What Governments Can Do to Make a Difference (OECD Studies on SMEs and Entrepreneurship)
Example text
2006), “Research and Development in Small and Medium-Sized Enterprises: The Role of Financial Constraints and Public Funding”, Scottish Journal of Political Economy, 53(3). Dalley, J. and B. Hamilton (2000), “Knowledge, context and learning in the small business”, International Small Business Journal, 18(51). Davenport, S. (2005), “Exploring the role of proximity in SME knowledge-acquisition”, Research Policy, 34(5), pp. 683-701. , P. B. Gartner (2003), “Arriving at the high-growth firm”, Journal of Business Venturing, 1(8), pp.
HIGH-GROWTH ENTERPRISES: WHAT GOVERNMENTS CAN DO TO MAKE A DIFFERENCE? – © OECD 2010 37 38 – CHAPTER 1 -WHAT POWERS HIGH-GROWTH ENTERPRISES? Notes 1. The review provides a careful analysis of data, methodology and findings of a selection of 19 studies completed between 1991 and 2008. ’s (2008) work in the United States on “high-impact firms”, defined as firms with significant revenue growth and expanding employment. The latter study found that, although they represent between 2-3% of all firms, high-impact firms account for almost all the private sector employment and revenue growth in the economy.
Growth was found to be a result of a number of interconnected elements, including innovation. In contrast to the IADB and Czech studies, the Swiss paper found that the type of innovation did not influence high growth. However, the categories of innovation (namely, radical versus incremental) assessed by the Swiss research were different to those used in the other two studies. Finally, the research conducted in Finland found no notable relationship between levels of innovation and SMEs growth rates.