Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/244521 
Year of Publication: 
2016
Series/Report no.: 
Working Paper No. 6/2016
Publisher: 
Örebro University School of Business, Örebro
Abstract: 
We examine the link between new employees in leading positions and subsequent productivity in small- and medium-sized (SME) enterprises. Managers and professionals are likely to possess important tacit knowledge. They are also in a position to influence the employing firm. Exploiting rich and comprehensive panel data for Sweden in the 2001-2010 period and employing semi-parametric and quasi-experimental estimation techniques, we find that newly recruited leading personnel have a positive and statistically significant impact on the productivity of the hiring SME. Interestingly, our results suggest that professionals with experience from international firms and enterprise groups contribute the most to total factor productivity. Overall, the findings suggest the importance of mobility of leading personnel for productivity-enhancing knowledge spillovers to SMEs.
Subjects: 
recruitment
knowledge spillovers
firm growth
productivity
SME
JEL: 
D22
D24
D83
J24
J62
Document Type: 
Working Paper

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