Drivers of SME Growth
Quantile Regression Evidence From Developing Countries
Dados Bibliográficos
| ID | 4182167 |
|---|---|
| Autores | Aysa Ipek Erdogan (0000-0002-8653-9271, Bogaziçi University, autor correspondente) |
| Ano | 2023 |
| Volume | 13 |
| Fascículo | 1 |
| Data de publicação | 2023-01-01 |
| Peer Reviewed | Sim |
| Open Access | Sim |
| Tipo | ARTICLE |
| Periódico | SAGE Open (JOURNAL) |
| Identificadores do periódico | ISSN: 2158-2440 • E-ISSN: 2158-2440 |
| Editora | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/21582440231163479 |
| OpenAlex | W4361983727 |
| Idioma | EN |
| Referências citadas | 65 |
This study explores the determinants of firm growth rate for small and medium-sized enterprises (SMEs) in different quantiles of the conditional growth rate distribution using data from World Bank Enterprise Surveys (WBES) covering 80 developing and emerging markets. It contributes to the literature by providing evidence of the effects of insufficiently investigated factors on firm growth. It also examines the impacts on firm growth of certain factors for which there is conflicting empirical evidence. Our quantile regression results show that firm age is negatively associated with firm growth rate throughout the entire distribution, except the lower tail. Firm size has a negative effect on growth rate in the upper tail of the distribution. We also find that the industry experience of the top manager positively impacts the growth rate only in the upper-middle range of the distribution. Product innovation positively affects firm growth rate from the lower-middle range to the highest quantile of the growth distribution. Additionally, we provide evidence that process innovation has a positive relationship with growth in the middle quantiles. SMEs that see access to financing as a more severe obstacle to their operations have lower growth rates throughout almost the entire growth distribution
Business · Demographic economics · Econometrics · Economics · Emerging markets · Empirical evidence · Growth rate · Macroeconomics · Quantile · Quantile regression · Corporate Finance and Governance · Entrepreneurship Studies and Influences · Firm Innovation and Growth · Mathematics
Formal versus Informal Finance
The Growth and Failure of U. S. Manufacturing Plants
Markov-Perfect Industry Dynamics
Manufacturing Firms in Developing Countries
Innovation and firm growth
Innovation and firm growth in high-tech sectors
The Relationship Between Firm Growth, Size, and Age
Selection and the Evolution of Industry
Título indisponível
Regression Quantiles
Financial development, reallocation and growth
The impact of local financial development on firm growth in Vietnam
Investigating the Relationship Between Financial Constraint and Growth of SMEs in South Eastern Europe
Age and firm growth
Globalization and firm growth
The Value of Human and Social Capital Investments for the Business Performance of Startups
The Determinants of Growth for Small and Medium Sized Firms. The Role of the Availability of External Finance
Determinants of Technical Efficiency in Small Firms
Persistence of innovation and firm’s growth
What makes a high-growth firm? A dynamic probit analysis using Spanish firm-level data
Drivers of SME performance
Enterprise-related social capital as a driver of firm growth in the periphery
India's industrial development
Entrepreneurial human capital and the long-run survival of firms in India
Aggregate Consequences of Limited Contract Enforceability
Small Firm Growth in Developing Countries
Big Constraints to Small Firms' Growth? Business Environment and Employment Growth across Firms
Technological- and Non-Technological Innovation During the Growth Phase of Industry Life Cycle
Crossing the Valley of Death for SMEs
The Informal Economy
| Velocidade de citação | historical |
|---|---|
| Altamente citado | Não |