Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2018.1516153
Stylised facts about Slovenian high-growth firms
Stjepan Srhoj
; Department of Economics and Business Economics, University of Dubrovnik, Dubrovnik, Croatia
Ivan Zupic
; Kingston Business School, Kingston University, Kingston Hill Campus, Kingston, United Kingdom
Marko Jaklič
; Faculty of Economics, University of Ljubljana, Ljubljana, Slovenia
Sažetak
The paper analyses high-growth firms in Slovenia over two threeyear periods: 2007–2010 and 2011–2014. The analysis has been carried out for four stylised facts on high-growth firms established in the literature: (1) growth-rate distributions are heavy-tailed; (2) different growth indicators select different high-growth firms; (3) a small share of high-growth firms generates a large share of jobs; and (4) high-growth firms are not more common in hightech industries. The results find the rowth-rate distributions to be heavy-tailed, but also somewhat asymmetric and thicker than the Laplace tails. The paper shows that different indicators indeed select different high-growth firms, which is especially evident when comparing employment- and revenue-based selected firms.
Furthermore, Slovenia has a smaller share of high-growth firms compared to more developed countries like the United Kingdom and Sweden; however, this smaller share of firms does contribute to a large share of jobs created, but the effect is not as large as in more developed countries. The analysis also confirms the significant effect of micro, small and medium-sized enterprises on overall job creation. Finally, only a small portion of high-growth firms can be found in high- tech sectors in Slovenia.
Ključne riječi
High-growth firms; firm growth; job creation; stylised facts
Hrčak ID:
217017
URI
Datum izdavanja:
3.12.2018.
Posjeta: 1.031 *