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dc.contributor.authorCzarnitzki, Dirken
dc.contributor.authorDelanote, Julieen
dc.date.accessioned2012-05-04-
dc.date.accessioned2012-05-10T08:40:15Z-
dc.date.available2012-05-10T08:40:15Z-
dc.date.issued2012-
dc.identifier.piurn:nbn:de:bsz:180-madoc-323041en
dc.identifier.urihttp://hdl.handle.net/10419/57834-
dc.description.abstractYoung Innovative Companies (YIC) gained increasing attention from governments and scholars due to their expected high innovative performance and growth. Consequently, this study investigates whether Young Innovative Companies, as defined by the EU, grow more than other firms, both in terms of employment and in terms of sales. Using a database of Flemish firms over the years 2001-2008 reveals that these firms do grow significantly more than other firms. In addition, this study shows that YICs can be differentiated from New Technology Based Firms and small young firms in terms of growth, pointing to the importance of combining the individual properties characterizing YICs, that is being young (<6 years), small (<250 employees) and R&D intensive (R&D intensity > 15%). In our estimations, we also take the underlying distribution of the growth variables into account by performing quantile regressions. The results of these quantile regressions reveal that YICs especially grow faster than the other, already fast-growing firms, indicating that they are high performers. In addition, we never find that these companies perform significantly worse than the other firms.en
dc.language.isoengen
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen
dc.relation.ispartofseries|aZEW Discussion Papers |x12-030en
dc.subject.jelM13en
dc.subject.jelL25en
dc.subject.jelO33en
dc.subject.ddc330en
dc.subject.keywordYoung Innovative Companiesen
dc.subject.keywordGrowthen
dc.subject.stwUnternehmensgründungen
dc.subject.stwInnovationen
dc.subject.stwUnternehmenswachstumen
dc.subject.stwSchätzungen
dc.subject.stwFlämisch-Brabanten
dc.titleYoung innovative companies: The new high-growth firms?-
dc.typeWorking Paperen
dc.identifier.ppn715177176en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zewdip:12030en

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