Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/81286 
Year of Publication: 
2008
Series/Report no.: 
IFN Working Paper No. 733
Publisher: 
Research Institute of Industrial Economics (IFN), Stockholm
Abstract: 
It is often claimed that small and young firms account for a disproportionately large share of net employment growth. We conduct a meta analysis of the empirical evidence regarding whether net employment growth rather is generated by a few rapidly growing firms – so-called Gazelles – that are not necessarily small and young. Gazelles are found to be outstanding job creators. They create all or a large share of new net jobs. On average, Gazelles are younger and smaller than other firms, but it is young age more than small size that is associated with rapid growth. Gazelles also seem to be overrepresented in services.
Subjects: 
Entrepreneurship
Firm Growth
Flyers
Gazelles
High-growth Firms
Job Creation
Rapidly Growing Firms
JEL: 
D21
L25
M13
O10
O40
Document Type: 
Working Paper

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