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HOW DO HIGH-GROWTH FIRMS GROW? EVIDENCE FROM CAMBRIDGE, UK

HOW DO HIGH-GROWTH FIRMS GROW? EVIDENCE FROM CAMBRIDGE, UK This study quantifies the incidence and influence of rapid growth among firms in a high technology milieu. We draw on evidence from a longitudinal database of technology firms in Cambridge UK. Resource configurations and the entrepreneurial matching of resources to opportunities are addressed, using Penrosian growth theory. We examine how certain knowledge-resources of start-ups are related to firms’ subsequent growth. We examine various firm growth modes to track how they are associated with firm and regional growth. JEL Classification: O14, O47, D21, L11 Keywords: high-growth firm, technology, regional growth http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

HOW DO HIGH-GROWTH FIRMS GROW? EVIDENCE FROM CAMBRIDGE, UK

Economics, Management, and Financial Markets , Volume 6 (4): 29-59 – Jan 1, 2012

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
Publisher site
See Article on Publisher Site

Abstract

This study quantifies the incidence and influence of rapid growth among firms in a high technology milieu. We draw on evidence from a longitudinal database of technology firms in Cambridge UK. Resource configurations and the entrepreneurial matching of resources to opportunities are addressed, using Penrosian growth theory. We examine how certain knowledge-resources of start-ups are related to firms’ subsequent growth. We examine various firm growth modes to track how they are associated with firm and regional growth. JEL Classification: O14, O47, D21, L11 Keywords: high-growth firm, technology, regional growth

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2012

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