Retaining winners

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Journal Title
Journal ISSN
Volume Title
A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
Date
2016-02-01
Major/Subject
Mcode
Degree programme
Language
en
Pages
14
42-55
Series
RESEARCH POLICY, Volume 45, issue 1
Abstract
We analysed the growth impact delivered by a high-growth entrepreneurship policy initiative over a six-year period. Using an eight-year panel that started two years before the initiative was launched and propensity score matching to control selection bias, we found that the initiative had more than doubled the growth rates of treated firms. The initiative had delivered a strong impact also on value-for-money basis. In addition to producing the first robust evidence on the growth impact delivered by a high-growth entrepreneurship initiative, we contribute to public sponsorship theory with the notion of capacity-boosting activities to complement previously discussed buffering and bridging activities.
Description
Keywords
High-growth entrepreneurship, High-growth policy impact, Entrepreneurship policy, Public sponsorship, Impact evaluation, RESEARCH-AND-DEVELOPMENT, FIRMS, TECHNOLOGY, CREATION, MARKETS, AGENDA
Other note
Citation
Autio , E & Rannikko , H 2016 , ' Retaining winners : Can policy boost high-growth entrepreneurship? ' , Research Policy , vol. 45 , no. 1 , pp. 42-55 . https://doi.org/10.1016/j.respol.2015.06.002