TY - JOUR
T1 - Investigating Institutional, Economic and Social Determinants of European Regions for Firm Growth Through Employment Generation
AU - Pereira, Vijay Edward
AU - Corradini, Carlo
AU - Temouri, Yama
AU - Mellahi, Kamel
N1 - Publisher Copyright:
© 2019 British Academy of Management
PY - 2020/1/1
Y1 - 2020/1/1
N2 - This paper examines the influence of the institutional, economic and social characteristics of a region on firm growth through employment generation across 14 European countries for the time period 2010–2013. Theoretically, we utilize the resource-based view alongside insights from institutional theory to develop a conceptual framework that captures the influence of regional characteristics on firm employment growth. Based on this framework, our empirical results indicate that not only does firm growth depend on the firm-specific characteristics found in the literature, but regional attributes also significantly impact firm growth in a heterogeneous way for different firm types. In line with the heterogeneous nature of firm growth, our results point to significant differences in the influence of institutional, economic and social characteristics on firm growth in different-sized groups and across different rates of growth distribution. The implications of our study suggest the importance of managers and policy-makers realizing which firms are mostly expected to benefit from the external environment, and which in turn can be planned via tailored policy reform by regional governments and firm-level strategy-making by managers.
AB - This paper examines the influence of the institutional, economic and social characteristics of a region on firm growth through employment generation across 14 European countries for the time period 2010–2013. Theoretically, we utilize the resource-based view alongside insights from institutional theory to develop a conceptual framework that captures the influence of regional characteristics on firm employment growth. Based on this framework, our empirical results indicate that not only does firm growth depend on the firm-specific characteristics found in the literature, but regional attributes also significantly impact firm growth in a heterogeneous way for different firm types. In line with the heterogeneous nature of firm growth, our results point to significant differences in the influence of institutional, economic and social characteristics on firm growth in different-sized groups and across different rates of growth distribution. The implications of our study suggest the importance of managers and policy-makers realizing which firms are mostly expected to benefit from the external environment, and which in turn can be planned via tailored policy reform by regional governments and firm-level strategy-making by managers.
UR - http://www.scopus.com/inward/record.url?scp=85074612151&partnerID=8YFLogxK
U2 - 10.1111/1467-8551.12383
DO - 10.1111/1467-8551.12383
M3 - Article
AN - SCOPUS:85074612151
SN - 1045-3172
VL - 31
SP - 162
EP - 183
JO - British Journal of Management
JF - British Journal of Management
IS - 1
ER -