Arbeitspapier
The role of business subsidies in job-creation start-ups, gazelles and imcumbents
Our data concerning the whole Finnish company population from the years 2003-2008 suggest that the impacts of business subsidies on employment growth differ more between high-growth start-ups and other firms than between start-ups and over five years old incumbents. All subsidies seem to relate positively to the contemporary employment growth both among start-ups and incumbents. Furthermore, our data show that both the employment of start-ups and older incumbents receiving employment or other subsidies grow more than that of non-subsidized firms after subsidy reception. Instead, we find that business subsidies do not provide significant further boost for the contemporary or after-subsidy growth of gazelles. There are apparently some other factors dominating the growth of young high-growth firms making them to grow strongly, in many cases, with or without subsidies.
- Language
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Englisch
- Bibliographic citation
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Series: ETLA Discussion Papers ; No. 1246
- Classification
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Wirtschaft
Labor Demand
Market Structure, Firm Strategy, and Market Performance: General
Technological Change: Choices and Consequences; Diffusion Processes
- Subject
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public subsidies
technology policy
growth
Finland
Unternehmensfinanzierung
Subvention
Beschäftigungseffekt
Forschungs- und Technologiepolitik
Finnland
- Event
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Geistige Schöpfung
- (who)
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Koski, Heli
Pajarinen, Mika
- Event
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Veröffentlichung
- (who)
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The Research Institute of the Finnish Economy (ETLA)
- (where)
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Helsinki
- (when)
-
2011
- Handle
- Last update
- 10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Koski, Heli
- Pajarinen, Mika
- The Research Institute of the Finnish Economy (ETLA)
Time of origin
- 2011