Gazelle firms in Costa Rica: an exploratory study of identification and characterization

Ricardo Monge González (), Juan Carlos Leiva (), Federico Torres Carballo (), Alonso Alfaro Ureña (), Cristina Morales Sandoval () and Ángela Solano Gómez ()
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Ricardo Monge González: Comisión Asesora en Alta Tecnología (CAATEC), Costa Rica
Juan Carlos Leiva: Costa Rica Institute of Technology
Federico Torres Carballo: Costa Rica Institute of Technology
Alonso Alfaro Ureña: Costa Rica Central Bank
Cristina Morales Sandoval: Costa Rica Institute of Technology
Authors registered in the RePEc Author Service: Alonso Alfaro-Ureña

TEC Empresarial, 2017, vol. 11, issue 3, 17-26

Abstract: The purpose of this paper was to identify and to characterize high growth firms –gazelles- in Costa Rica. The identification was achieved by the following measures: employment, sales, production and productivity. The characterization was carried out by its size and geographical location. The information emanated from the Central Bank of Costa Rica national accounts for the period 2005-2012. The most outstanding result was to verify by means of empirical evidence that, according to the variable used, the results change. In particular, production and productivity were the most relevant variables in order to characterize this type of firm. Likewise, it was found that the majority of gazelles were large companies and there was no concentration by geographical location. The article closes with public policy recommendations.

Keywords: Gazelle firms; production; high growth firms; productivity; production; business performance (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ris:tecemp:1710

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