Gazelles as Job Creators – A Survey and Interpretation of the Evidence

Magnus Henrekson () and Dan Johansson

No 733, Working Paper Series from Research Institute of Industrial Economics

Abstract: 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 also seem to be overrepresented in services.

Keywords: Entrepreneurship; Firm Growth; Flyers; Gazelles; High-growth Firms; Job Creation; Rapidly Growing Firms (search for similar items in EconPapers)
JEL-codes: D21 L25 M13 O10 O40 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2008-02-08
New Economics Papers: this item is included in nep-bec, nep-cse and nep-ent
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (64)

Published in Small Business Economics, 2010, pages 227-244.

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Related works:
Journal Article: Gazelles as job creators: a survey and interpretation of the evidence (2010)
Working Paper: Gazelles as Job Creators – A Survey and Interpretation of the Evidence (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:iuiwop:0733

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