Research surveys

Gazelles as Job Creators – A Survey and Interpretation of the Evidence

2008-02-08 IFN Working Paper No. 733

Author(s): Magnus Henrekson and Dan Johansson

Gazelles as Job Creators – A Survey and Interpretation of the Evidence Magnus Henrekson and Dan Johansson

It is often claimed that small and young firms account for a disproportionately large share of net employment growth. We conduct a meta analysis of the empirical evidence regarding whether net employment growth rather is generated by a few rapidly growing firms – so-called Gazelles – that are not necessarily small and young. Gazelles are found to be outstanding job creators. They create all or a large share of new net jobs. On average, Gazelles are younger and smaller than other firms, but it is young age more than small size that is associated with rapid growth. Gazelles also seem to be overrepresented in services.


Reference:

Henrekson, Magnus and Dan Johansson (2008), "Gazelles as Job Creators – A Survey and Interpretation of the Evidence", IFN Working Paper No. 733. Stockholm: Research Institute of Industrial Economics.

Magnus Henrekson

Contact

Ph: +46 (0)8 665 4502
magnus.henrekson@ifn.se

Interdisciplinary European Studies

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This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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