Brown, J. David; Earle, John S.; Lup, Dana - W.E. Upjohn Institute for Employment Research - 2003
, there has been little empirical research on the determinants of startup firm growth. This paper uses panel data techniques … through 2001. We find strong evidence that access to external finance (loans) increases the growth of both employment and … sales. Taxes appear to constrain growth. There is some evidence that entrepreneurial skills increase growth, but only weak …