Job Creation and Innovation among SMEs in Australia

[...]evidence from Finland shows that small businesses experienced higher growth rates compared to large firms between 2008 and 2014 (Fornaro & Luomaranta 2016). [...]research on Austrian firms also show young firms having the largest net job creation rates during the period 1993 to 2013 (Huber...

Full description

Saved in:
Bibliographic Details
Published inICSB World Conference Proceedings pp. 1 - 25
Main Authors Cowling, Marc, Mroczkowski, Nicholas, Tanewski, George
Format Conference Proceeding
LanguageEnglish
Published Washington International Council for Small Business (ICSB) 01.01.2017
Subjects
Economic models
Employment
Job creation
Productivity
Small & medium sized enterprises-SME
Startups
New York
United Kingdom > UK
United States > US
Denmark
Australia
Online AccessGet full text

Cover

More Information
Summary:[...]evidence from Finland shows that small businesses experienced higher growth rates compared to large firms between 2008 and 2014 (Fornaro & Luomaranta 2016). [...]research on Austrian firms also show young firms having the largest net job creation rates during the period 1993 to 2013 (Huber et al. 2015). [...]the primary objective of this paper is to assess both the type and the processes of innovation that are being utilised by start-ups across different sectors and to distinguish start-up employment growth from other SMEs in Australia. [...]to large firms in which there is often significant diffuseness between ownership and control, residual claims in entrepreneurial firms are more highly concentrated among the innovators and their managers engaged in the research. [...]in entrepreneurial firms, "entrepreneurs can out-innovate established firms" (Michael and Pearce, 2017, p.289). [...]entrepreneurs can start-up companies and develop the capabilities of those companies, and bring new products to markets quickly (Freeman and Engel, 2007, Weilblen and Chesbrough, 2015).