Abstract
Despite the importance of high-technology firms to the global economy, relatively little is known about factors contributing to these firms' long-run growth. We examine these factors using a unique longitudinal dataset combining two waves of detailed surveys of 345 UK high-tech firms with performance data from UK official datasets. Overall we conclude that the early strategic decisions made by firms have long-run impacts on their subsequent growth, and we suggest that policy measures targeted at shortfalls faced by these firms may have positive long-term consequences.
Original language | English |
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Pages (from-to) | 95-126 |
Number of pages | 32 |
Journal | Advances in Entrepreneurship, Firm Emergence and Growth |
Volume | 17 |
DOIs | |
Publication status | Published - 2015 |
Externally published | Yes |
Keywords
- Growth
- High-growth firms
- Technology-based firms
ASJC Scopus subject areas
- Business, Management and Accounting (miscellaneous)
- Economics, Econometrics and Finance (miscellaneous)