S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
HUI Research HUI Working Papers, HUI Research

No 65:
A cautionary note on using the Eurostat-OECD definition of high-growth firms

Sven-Olov Daunfeldt (), Daniel Halvarsson and Dan Johansson

Abstract: Recent studies have suggested that most firms do not grow, and that a small number of high-growth firms create most new jobs. High-growth firms have therefore attracted an increasing amount of attention from researchers and policymakers. However, there is no uniform definition of what constitutes a high-growth firm in the literature. Eurostat and the Organisation for Economic Co-operation and Development (OECD) recently recommended that high-growth firms should be defined as firms with at least ten employees in the start-year and annualized employment (or sales) growth exceeding 20% during a 3-year period. This definition would exclude almost 95% of surviving firms in Sweden and about 40% of new private jobs during 2005-2008. We therefore advise caution in using this definition.

Keywords: High-growth firms; high-impact firms; gazelles; OECD definition; (follow links to similar papers)

JEL-Codes: L22; L25; L26; (follow links to similar papers)

10 pages, April 19, 2012

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

MediaBinaryLoader.axd?Med ... rchive_ForceDownload=true    PDF-file
Download Statistics

Questions (including download problems) about the papers in this series should be directed to Helena Nilsson ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:huiwps:0065 This page was generated on 2016-03-01 15:44:23