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

Mason, C. , Brown, R., Hart, M. and Anyadike-Danes, M. (2015) High growth firms, jobs and peripheral regions: the case of Scotland. Cambridge Journal of Regions, Economy and Society, 8(2), pp. 343-358. (doi:10.1093/cjres/rsu032)

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Abstract

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.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Mason, Professor Colin
Authors: Mason, C., Brown, R., Hart, M., and Anyadike-Danes, M.
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Cambridge Journal of Regions, Economy and Society
Publisher:Oxford University Press
ISSN:1752-1378
ISSN (Online):1752-1386

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