The Dynamics of High-Growth Firms : Evidence from Tunisia
This paper examines the dynamics and characteristics of high-growth firms in Tunisia. Further knowledge about the dynamics of these firms can inform the design of business support policies, especially toward small and medium-size firms. The analysi...
Main Authors: | , , |
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Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2020
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/997141581350998824/The-Dynamics-of-High-Growth-Firms-Evidence-from-Tunisia http://hdl.handle.net/10986/33321 |
Summary: | This paper examines the dynamics and
characteristics of high-growth firms in Tunisia. Further
knowledge about the dynamics of these firms can inform the
design of business support policies, especially toward small
and medium-size firms. The analysis suggests that between
1999 and 2015, about 9 to 10.5 percent of the firms in
Tunisia achieved high-growth status per year, on average,
depending on the definition used, and these shares have been
remarkably stable over time. Although a small share of firms
achieves high growth annually, almost one in every three
firms that survive for more than a decade has achieved
high-growth status at least once. High-growth status is more
prevalent among small and young firms, as well as firms that
export, import, or receive foreign direct investments. |
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