High-growth firms (HGFs) refer to businesses that achieve rapid growth in terms of employees or revenue. Based on the established definition, HGFs are businesses with at least 10 employees and annual growth rates of 20% or more, observed over a period of three years. This three-year span is considered the high-growth (HG) period of the company. Even though this growth is often short-lived and difficult to sustain, it plays a significant role in driving economic dynamism. Hence, entrepreneurship-related research often focuses on the growth pattern of the HGFs and factors that affect their growth.
Hiring in high-growth firms: Exploring the timing of organizational changes
Popular Articles
-
When humans interact with each other and engage in everyday activities, they typically follow various undefined rules, also known as social norms. These rules include things like greeting acquaintances in specific ways upon meeting them, [...]
-
Research involving Pompeu Fabra University has explored the relationship between having or not having a romantic partner with changes in fertility desires in Japan. The study, which involved Ryohei Mogi, a researcher at the University’s [...]
-
Securing a mortgage requires a clear plan that delivers results. Vancouver’s real estate market moves fast, and choosing wisely can save thousands over time. Expert mortgage strategies help homeowners, first-time buyers, investors, and entrepreneurs reach [...]
-
In an era where digital storage is a key player in productivity and personal organization, the need for fast, reliable, and portable data storage solutions has never been more critical. Among the companies at the [...]
-
Due to severe weather conditions, several roads in Dufferin County were closed on Monday, prompting Dufferin OPP to advise the public to stay home unless absolutely necessary. Police responded to numerous collisions caused by blowing [...]
-
Website design is a critical aspect of the digital world. It’s the face of businesses, the canvas for creativity, and a crucial touchpoint for user interaction. A great website designer combines technical skills, creative flair, [...]
-
In the world of cloud computing, data security is paramount. According to Ezops Cloud when it comes to Amazon Web Services (AWS), safeguarding your information is vital for protecting your business and your customers. This [...]
