Identifying potential fast growth firms in the Polish small firm stratum

Alan Mulhern () and Subrata Ghatak ()
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Alan Mulhern: Kingston University London
Subrata Ghatak: Kingston University London

No 2002-8, Economics Discussion Papers from School of Economics, Kingston University London

Abstract: Polish small firm policy stresses the importance of fast growing small firms. This paper examines the statistical work emerging from survey data of the Polish small firm sector in 1999 which tested for the optimism of this stratum with respect to immediate growth prospects and EU accession. The statistical analyses reveal the following variables correlated with such optimism: the region of establishment, branch of activity, ownership of other national enterprises, extent of internet use, knowledge of EU markets, the difficulty of obtaining a bank loan, the existing level of exports and franchising activity, a recent increase in the level of fixed assets and income, the level of human capital and the technological level of a small firm’s products. On this basis a profile of the potential fast growing Polish small firm is drawn. Policy implications are explored particularly the need for a differentiated policy for firms at different stages of growth and in regions of different development levels.

Keywords: Polish small firms; surveys; statistical analysis; regional development; fast growth (search for similar items in EconPapers)
JEL-codes: C22 C52 L00 P27 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2002-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kngedp:2002_008

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