Working paper No. 280: Recruiting for Small Business Growth: Micro-level Evidence
Gidehag, A. & Lodefalk, M. (2016). Recruiting for Small Business Growth: Micro-level Evidence. Ratio Working Paper No. 280. Stockholm: Ratio.
Gidehag, A. & Lodefalk, M. (2016). Recruiting for Small Business Growth: Micro-level Evidence. Ratio Working Paper No. 280. Stockholm: Ratio.
We examine the link between new employees in leading positions and subsequent productivity in small- and medium-sized (SME) enterprises. Managers and professionals are likely to possess important tacit knowledge. They are also in a position to influence the employing firm. Exploiting rich and comprehensive panel data for Sweden in the 2001-2010 period and employing semi-parametric and quasi-experimental estimation techniques, we find that newly recruited leading personnel have a positive and statistically significant impact on the productivity of the hiring SME. Interestingly, our results suggest that professionals with experience from international firms and enterprise groups contribute the most to total factor productivity. Overall, the findings suggest the importance of mobility of leading personnel for productivity-enhancing knowledge spillovers to SMEs.
Related content: Recruiting for Small Business Growth: Micro Level Evidence
Gidehag, A. & Lodefalk, M.
2016
Ratio Working Paper
2024
Ratio Working Paper Series.
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2024
International Organization, 1-36.
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