High-growth firms: More reasons for caution?

James Derbyshire

Local Economy, 2013, vol. 28, issue 4, 355-357

Abstract: Derbyshire (2012) and Walburn (2012) have recently highlighted reasons for policymakers to be cautious when embracing the emerging high-growth firms policy panacea. However, both authors began from the premise that the very concept of high-growth firms is a valid one. This brief Viewpoint article highlights a further, more fundamental reason for caution: if prominent researchers such as Storey (2011) and Coad (2009) are right about the nature of firm growth then identifying and targeting support on high-growth firms is tantamount to targeting those firms with a lower likelihood than the average firm to grow at a rapid rate in the future.

Keywords: enterprise policy; firm growth; high-growth firms (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sae:loceco:v:28:y:2013:i:4:p:355-357

DOI: 10.1177/0269094213475856

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