On the Growth of European Apparel Firms
Nancy J. Hodges and
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Nancy J. Hodges: University of North Carolina at Greensboro
Journal of the Knowledge Economy, 2017, vol. 8, issue 2, 489-498
Abstract According to the European Skills Council, the apparel industry is experiencing a renaissance in countries throughout the European Union, and this renaissance is marked by innovation and technical development among small firms. In this paper, the AEGIS database is used to estimate a growth model for the apparel industry. The annual rate of growth of European apparel firms is modeled and measured in terms of growth in number of employees since the firm was founded. The model is presented through descriptive statistical analyses on the relevant variables that were used to estimate this dimension of firm performance—founder characteristics including gender and education, as well as whether the firm is family owned. The model has implications for identifying factors important to apparel firm growth that could help in policy development designed to foster increased industry growth.
Keywords: Apparel industry; Entrepreneurship; Employment growth; Gender; Family governance; L26; L67; J12; J16 (search for similar items in EconPapers)
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