Institutions, Behaviors and Outcomes
Edited by Jean Bonnet, Marcus Dejardin and Domingo García-Pérez-De-Lema
Chapter 4: Determinants of high-growth firms: why do some countries have more high-growth firms than others?
Mercedes Teruel and Gerrit de Wit present the first empirical analysis of high-growth firms at the country level. They find indicative empirical evidence for three driving forces of high growth: entrepreneurship, institutional setting and opportunities for growth. They also investigate three specific channels of influence toward high-growth firms: enrolment in tertiary education; entrepreneurial motives associated with growth-oriented ambitions; and the promotion of entrepreneurship as a desirable career choice. Besides, they consider the possible impact of institutions and whether fast-growing firms are more probable in dynamic economic environments offering greater business opportunities.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.