What Characterizes a Fast Growing Firm?

Matthias Almus

No 00-64, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: This paper seeks to empirically identify factors that influence the probability of beinga fast growingfirm in Eastern and Western Germany. Descriptive analyses have shown that most firms experience only small positive or negative employment growth or stagnate over time. The job generation mechanism rests with a handful of firms that increase their employment significantly over time. The empirical analysis shows that the probability of beinga fast growingfirm depends on different factors when separatingEastern and Western Germany as well as usingdifferen t definitions of fast growingfirms. Moreover, the analysis shows that technology-intensive manufacturing branches and knowledge based business related services do not generate the majority of fast growing firms.

Keywords: New Firms; Fast Employment Growth; Technology orientation (search for similar items in EconPapers)
JEL-codes: C25 L21 O39 (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:5347

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