Arbeitspapier

Business Owners, Employees and Firm Performance

The novel Finnish Longitudinal OWNer-Employer-Employee (FLOWN) database was used to analyze how the characteristics of owners and employees relate to firm performance as determined by labor productivity, survival and employment growth. Focusing on the role of the owner’s formal education and previous experience as an employee, the results show that previous experience in a high-productivity firm strongly predicts high productivity and probability of survival for the entrepreneur’s new firm. This can be interpreted as evidence of knowledge spillover through labor mobility. Strikingly, firms established in times of intensive excess job reallocation were found to exhibit superior productivity performance in the later phases of their life cycles.

Sprache
Englisch

Erschienen in
Series: ETLA Working Papers ; No. 42

Klassifikation
Wirtschaft
Firm Performance: Size, Diversification, and Scope
Entrepreneurship
Human Capital; Skills; Occupational Choice; Labor Productivity
Job, Occupational, and Intergenerational Mobility; Promotion
Technological Change: Choices and Consequences; Diffusion Processes
Thema
Entrepreneurship
ownership
firm performance
human capital
diffusion of knowledge

Ereignis
Geistige Schöpfung
(wer)
Maliranta, Mika
Nurmi, Satu
Ereignis
Veröffentlichung
(wer)
The Research Institute of the Finnish Economy (ETLA)
(wo)
Helsinki
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Maliranta, Mika
  • Nurmi, Satu
  • The Research Institute of the Finnish Economy (ETLA)

Entstanden

  • 2016

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