The Potential of Dynamic Enterprises in Job Creation in Slovenian Regions
DOI:
https://doi.org/10.4335/13.2.285-298(2015)Keywords:
dynamic enterprise, dynamic entrepreneurship, new jobs, statistical regions, potential for growth, SloveniaAbstract
Due to their above average growth, dynamic enterprises contribute significantly to general economic growth, especially in the field of job creation and the investment cycle. Therefore this article presents the potential of dynamic enterprises for the creation of jobs in selected Slovenian statistical regions. The empirical findings are divided into three different researched periods, namely for the period between 2006 and 2010, the period between 2007 and 2011, and the period between 2008 and 2012 on a population of 4,511, 4,380, and 3,725 dynamic enterprises respectively, taken from the entire national statistics database managed by AJPES (Agency of the Republic of Slovenia for Public Legal Records and Related Services) on the basis of 13 previously determined criteria. The objective of this article is twofold: In the first stage, it aims to present the dispersion of dynamic enterprises in different Slovenian regions based on a previously conducted qualitative and quantitative study, and in the second stage to show their potential for job creation. All in all, it was established that the analysed dynamic enterprises created all the net new jobs in the Slovenian national economy during the crisis (in the period between 2009 and 2012).
References
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Vojinović, B., Mikac, M., & Oplotnik, Ž. J. (2013) The Microeconomics of Regional Development: Measuring Convergences of Local and Regional Business Cycles, Lex Localis - Journal of Local-Self-Government, 11(3), pp. 777-797, doi: 10.4335/11.3.777-797(2013).
Žižek, J. & Liechtenstein, H. (1994) Venture Capital & Entrepreneurship in Central & East Europe, Final Report. Database Survey on 750 Central and East European Dynamic Entrepreneurs (Gent: EFER).
Acs, J. Z., & Storey, J. D. (2004) Introduction: Entrepreneurship and Economic Development, Regional Studies, 38(8), pp. 871-877, doi: 10.1080/0034340042000280901.
Acs, J. Z., & Audretsch, B. D. (2005) Entrepreneurship, Innovation and Technological Change, Foundations and Trends in Entrepreneurship, 1(4), pp. 1-49, doi: doi: 10.1561/0300000004.
Acs, J. Z., & Amorós, J. (2008) Entrepreneurship and Competitiveness Dynamics in Latin America, Small Business Economics, 31 (3), pp. 305-322, doi: 10.1007/s11187-008-9133-y.
Acs, J. Z., & Mueller, P. (2008) Employment Effects of Business Dynamics: Mice, Gazelles and Elephants, Small Business Economics, 30(1), pp. 85-100, doi: 10.1007/s11187-007-9052-3.
Acs, J. Z., Desai, S. & Klapper, L. (2008) What Does Entrepreneurship Data Really Show, Small Business Economics, 31(3), pp. 265-281, doi: 10.1080/00343404.2014.904041.
AJPES (2012) Hitro rastoča podjetja (HRP) v obdobju 2007-2011 (Ljubljana: AJPES).
AJPES (2013) Hitro rastoča podjetja (HRP) v obdobju 2008-2012 (Ljubljana: AJPES).
Armington, C., & Acs, J. Z. (2004) Job Creation and Persistence in Service and Manufacturing, Journal of Evolutionary Economics, 14(2), pp. 305-329, doi: 10.1007/s00191-004-0194-z.
Birch, L. D. (1987) Job Creation in America: How our smallest companies put the most people to work (New York: Free Press Macmillan).
Brezovnik, B., & Oplotnik, Ž. J. (2012) An Analysis of the Applicable System of Financing the Municipalities in Slovenia, Lex Localis - Journal of Local Self-Government, 10(3), pp. 277-295, doi: 10.4335/10.3.277-295(2012).
Davidsson, P. (1989) Entrepreneurship – and After? A Study of Growth Willingness in Small Firms, Journal of Business Venturing, 4(3), pp. 221-226, doi: 10.1016/0883-9026(89)90022-0.
Frederick, H. H. (2004) Towards High Growth Enterprise, International Journal of Entrepreneurship and Small Business, 1(3/4), pp. 238-248, doi: 10.1177/0266242609350804.
Halabisky, D., Dreessen, E., & Parsley, C. (2006) Growth in Firms in Canada 1985–1999, Journal of Small Business and Entrepreneurship, 19(3), pp. 255-268, doi: 10.1080/08276331.2006.10593370.
Henrekson, M., & Johansson, D. (2009) Competencies and Institutions Fostering High-growth Firms, Foundations and Trends in Entrepreneurship, 5(1), pp. 1-80, doi: 10.1561/0300000026.
Henrekson, M., & Johansson, D. (2010) Gazelles as Job Creators: A Survey and Interpretation of the Evidence, Small Business Economics, 35(2), pp. 227-244, doi: 10.1007/s11187-009-9172-z.
Julien, A. P. (2007) A Theory of Local Entrepreneurship in the Knowledge Economy (Cheltenham: Edward Elgar).
Kingstone, B. (1987) The Dynamos: Who are they Anyway (New York: John Wiley and Sons).
Kirchhoff, A. B. (1994) Entrepreneurship and Dynamic Capitalism (Westport, CT: Praeger).
Krajnc, J., Logožar, K., & Korošec, B. (2012) Activity-based Management of Logistic Costs in a Manufacturing Company: A Case of Increased Visibility of Logistic Costs in a Slovenian Paper Manufacturing Company, Promet, 24(1), pp. 15-24, doi: 10.7307/ptt.v24i1.265.
Lilischkis, S. (2014) Findings from a Survey of HGIEs in Eight Countries and Policy Implications (Bonn: Empirica Communication and Technology Research).
Littunen, H., & Tohomo, T. (2003) The High Growth in New Metal-Based Manufacturing and Business Service Firms in Finland, Small Business Economics, 21(2), pp. 187-200, doi: 10.1108/EUM0000000006831.
Logožar, K. (2013) The Specifics of Supply Chain Integration with Small and Medium-sized Enterprises, Naše gospodarstvo, 59(1/2), pp. 3-12, doi: 10.7549/ourecon.2013.1-2.01.
Mei-Pochtler, A. (1999) Strategies for Growth (Edinburgh: Europe's 500).
Moreno, M. A., & Casillas, C. J. (2007) High-growth SMEs versus Non-high-Growth SMEs: A Discriminant Analysis, Entrepreneurship and Regional Development, 19(1), pp. 69-88, doi: 10.1080/08985620601002162.
Oplotnik, Ž. J., & Brezovnik, B. (2004) Financing Local Government in Slovenia, Post-Communist Economies, 16(4), pp. 483-496, doi: 10.1080/1463137042000309575.
Pšeničny, V. (2002) Conditions and Opportunities for Dynamic Entrepreneurship in Slovenia. Ph. D. (Ljubljana: Faculty of Economics).
Pšeničny, V., Maček, A., Vidovič, D., Novak, R. (2012) High Growth Potential Firms 2012. Research Report, 1st and 2nd Phase (Maribor: DOBA Faculty).
Pšeničny, V., & Novak, R. (2013) Organisational Factors of Rapid Growth of Slovenian Dynamic Enterprises, Organizacija, 46(1), pp. 3-12, doi: 10.2478/orga-2013-0001.
Storey, J. D. (1994) Understanding the Small Business Sector (Routledge: Thomson).
Vidovič, D. (2011) AJPES Processing – Database of Annual Reports for the Years 2006 through 2010 (Maribor: The Ministry of the Economy of the Republic of Slovenia).
Vidovič, D. (2012) AJPES Processing – Database of Annual Reports for the Years 2007 through 2011 (Maribor: The Ministry of the Economy of the Republic of Slovenia).
Vidovič, D. (2013) AJPES Processing – Database of Annual Reports for the Years 2008 through 2012 (Maribor: The Ministry of the Economy of the Republic of Slovenia).
Vojinović, B., Mikac, M., & Oplotnik, Ž. J. (2013) The Microeconomics of Regional Development: Measuring Convergences of Local and Regional Business Cycles, Lex Localis - Journal of Local-Self-Government, 11(3), pp. 777-797, doi: 10.4335/11.3.777-797(2013).
Žižek, J. & Liechtenstein, H. (1994) Venture Capital & Entrepreneurship in Central & East Europe, Final Report. Database Survey on 750 Central and East European Dynamic Entrepreneurs (Gent: EFER).
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2015-01-26
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