Eklund, C. M. (2020). Why do some SME’s become high-growth firms? The role of employee competences

High-growth firms generate a larger share of new jobs and are thus the key drivers of innovation and industry dynamics. As the employees’ education supports innovation and productivity, this article hypothesizes that employee competences explain high growth.

The findings of the paper imply that intangible capital relates positively to the firm’s high growth. The significance of intangible capital and the share of highly educated employees demonstrate the benefits of looking beyond R&D expenditures to multiple sources of innovation capabilities.

Read the published version here

The article is also available in its postprint version here (accepted version, prior to formatting and proofing by the journal)