KTH/CESIS Working Paper Series in Economics and Institutions of Innovation
Born global firms in knowledge intensive business services (KIBS) – what do we know of their performance?
Abstract: This paper studies the performance of KIBS firms that are
aimed for global markets from inception. Despite the increasing importance
of KIBS, no previous study has investigated born global firms in this
sector of the economy. Three definitions are used to categorize firms as
born global. Both OLS and a nearest neighbor matching approach are
implemented to find evidence of higher growth in employment and sales per
employee five years after firm foundation. Finally, the findings are robust
to a finer array of born global definitions and time horizons of firm
Keywords: Born global firms; firm performance; knowledge intensive business sector; (follow links to similar papers)
JEL-Codes: F14; L25; L26; M13; M21; (follow links to similar papers)
31 pages, March 16, 2012
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