It is frequently argued that policymakers should target high-tech firms (HGFs), i.e., firms with high R&D intensity, because such firms are considered more innovative and therefore potential fast-growers. This argument relies on the assumption that the association among high-tech status, innovativeness and growth is actually positive. We examine this assumption by studying the industry distribution of high-growth firms across all Swedish 4-digit NACE industries.
Daunfeldt, Sven-Olov; Elert, Niklas C. J.; and Johansson, Dan
"ARE HIGH-GROWTH FIRMS OVERREPRESENTED IN HIGH-TECH INDUSTRIES? (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 35
, Article 6.
Available at: http://digitalknowledge.babson.edu/fer/vol35/iss14/6