Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128880
Authors: 
Hölzl, Werner
Year of Publication: 
2008
Series/Report no.: 
WIFO Working Papers 327
Abstract: 
This paper studies the R&D behaviour of fast growing SMEs using CIS III data for 16 countries. We group the countries into three groups that roughly have the same position in technological development. The first finding is that R&D is more important to high growth SMEs in countries that are closer to the technological frontier. The second finding is that high growth SMEs are more innovative than non-high-growth SMEs only for countries close to the technological frontier. This suggests that gazelles derive much of their drive from the exploitation of comparative advantages. From a policy perspective this suggests that there are important limits to centralise policies that aim at fostering high growth SMEs.
Subjects: 
R&D
high growth firms
Europe
CIS
Document Type: 
Working Paper

Files in This Item:
File
Size
225.67 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.