High growth firms, jobs and peripheral regions:the case of Scotland


Enterprise policy is increasingly favouring support for high growth firms (HGFs). However, this may be less effective in promoting new jobs and economic development in peripheral regions. This issue is addressed by a study of HGFs in Scotland. Scottish HGFs differ in a number of respects from the stylised facts in the literature. They create less employment than their counterparts elsewhere in the UK. Most have a significant physical presence outside of Scotland, thereby reducing their Scottish 'footprint' and domestic job creation. Scottish HGFs appear to have a high propensity to be acquired, increasing the susceptibility of the head office to closure. The evidence suggests that the tendency towards 'policy universalism' in the sphere of entrepreneurship policy is problematic.

Publication DOI: https://doi.org/10.1093/cjres/rsu032
Divisions: College of Business and Social Sciences > Aston Business School
College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
Additional Information: This is a pre-copyedited, author-produced PDF of an article accepted for publication in Cambridge journal of regions, economy and society following peer review. The version of record Mason, C., Brown, R., Hart, M., & Anyadike-Danes, M. (2015). High growth firms, jobs and peripheral regions: the case of Scotland. Cambridge journal of regions, economy and society, 8(2), 343-358 is available online at: http://dx.doi.org/10.1093/cjres/rsu032
Uncontrolled Keywords: entrepreneurship,gazelles,high growth firms,regional development,Scotland,Geography, Planning and Development,Economics and Econometrics,Sociology and Political Science
Publication ISSN: 1752-1386
Full Text Link:
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
http://cjres.ox ... content/8/2/343 (Publisher URL)
PURE Output Type: Article
Published Date: 2015-07-01
Published Online Date: 2015-02-06
Authors: Mason, Colin
Brown, Ross
Hart, Mark (ORCID Profile 0000-0002-0402-4128)
Anyadike-Danes, Michael (ORCID Profile 0000-0001-5175-082X)



Version: Accepted Version

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