Keywords: growth determinants, fast-growing firms, new firms, employment, Kosova, Kosovo, entrepreneurship, transition economies, job creation
Entrepreneurship, employment and fast-growing firms in Kosova
This paper aims to contribute to the undergoing debate upon growth determinants of fast-growing firms. The empirical evidence comes from Kosova, a unique post-war environment characterised by transitional economy. First, we measure contribution of fast-growing firms in employment generation. Second, we analyse factors influencing the probability of being a fast-growing firm. Results confirm the hypothesis that substantial part of job creation is generated from tiny proportion of new firms, which experience fast growth. The results derived from ordinal logit regression mostly hints on the factors related to the firm strategy as a significant component in influencing the fast growth.