Empirical analysis of business growth factors using Swedish data

Document Type

Article

Publication Date

1-1-2002

Abstract

Empirical research conducted on the U.S., German, Australian, and Scottish economies has shown that age, size, location, legal form, and industry are related to business growth. Much of this research has focused on manufacturing firms, thus providing little information about the effect of industrial sector differences on these factors. We seek to both confirm that small independent firms demonstrate the greatest growth rates and to explore the effects of the industrial sector on this conclusion. This article uses Swedish data to replicate previous research while using a different definition of business to enhance the study of effects from industry, international versus domestic businesses, and domestic versus foreign ownership. Results show that business age, beginning size, ownership form, industrial sector, and legal form are the most important factors related to growth. Although business growth differs among industrial sectors, youth, ownership independence, and small size are major factors that underlie growth across all industries.

Identifier

0036800066 (Scopus)

Publication Title

Journal of Small Business Management

External Full Text Location

https://doi.org/10.1111/1540-627X.00061

ISSN

00472778

First Page

332

Last Page

349

Issue

4

Volume

40

This document is currently not available here.

Share

COinS