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Free to grow? Assessing the barriers faced by actual and potential high growth firms

Lee, Neil (2011) Free to grow? Assessing the barriers faced by actual and potential high growth firms. Nesta working papers series, Nesta.

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Abstract

A small proportion of high growth firms create the majority of all new jobs. For policymakers, it is important to know (1) what obstacles are faced by high growth firms and (2) what obstacles are faced by firms with the potential to achieve high growth, but which are yet to achieve this. This paper investigates these issues using the UK Small Business Survey. It highlights six areas where high growth firms experience problems: obtaining finance, cash flow, recruiting staff, skill shortages, managerial skills and the availability and cost of premises. Potential high growth firms argue that cash flow, recruiting, the availability and cost of premises and managerial skills are important.

Item Type: Monograph (Working Paper)
Official URL: http://www.nesta.org.uk/publications/working_paper...
Additional Information: © 2011 Nesta
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
Journal of Economic Literature Classification System: D - Microeconomics > D2 - Production and Organizations > D21 - Firm Behavior
L - Industrial Organization > L0 - General
L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L10 - General
L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior
Sets: Departments > Geography and Environment
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 10 Sep 2013 15:55
URL: http://eprints.lse.ac.uk/52371/

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