Scandinavian Working Papers in Economics
HUI Working Papers,
HUI Research
No 50: Firm Growth in the Retail and Wholesale Trade Sectors – Evidence from Sweden
Sven-Olov Daunfeldt, Åsa Lang, Zuzana Macuchova and Niklas Rudholm ()
Additional contact information
Sven-Olov Daunfeldt: The Swedish Retail Institute (HUI), Postal: Regeringsgatan 60, 103 29 Stockholm, Sweden, and Dalarna University, SE- 791 88 Falun, Sweden,
Åsa Lang: Dalarna University, Postal: Department of Business Administration, School of Technology and Business Studies, SE-791 88 Borlänge, Sweden. and Mid Sweden University, Department of Social Sciences, SE-831 25 Östersund, Sweden.
Zuzana Macuchova: Dalarna University, Postal: SE- 791 88 Falun, Sweden
Niklas Rudholm: The Swedish Retail Institute (HUI), Postal: Regeringsgatan 60, 103 29 Stockholm, Sweden, and Dalarna University, SE- 791 88 Falun, Sweden,
Abstract: To identify the determinants of firm growth within the Swedish retail – and wholesale trade industries during the period 1998- 2004, we analyze a sample of 400 limited companies using quantile regression techniques. Our results indicate that firm growth mainly can be explained by time-invariant firm-specific effects, supporting Penrose’s (1959) suggestion that internal resources such as firm culture, brand loyalty, entrepreneurial skills, and so on, are important determinants of firm growth rates.
Keywords: firm dynamics; firm level heterogeneity; high-growth firms; resource-based view; quantile regression
25 pages, June 1, 2011
- Published as
- Sven-Olov Daunfeldt, Åsa Lang, Zuzana Macuchova and Niklas Rudholm, (2013), 'Firm growth in the Swedish retail and wholesale industries', The Service Industries Journal, vol 33, no 12, pages 1193-1205
Questions (including download problems) about the papers in this series should be directed to Hans Seerar Westerberg ()
Report other problems with accessing this service to Sune Karlsson ().
RePEc:hhs:huiwps:0050This page generated on 2024-09-13 22:15:09.