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ABSTRACT. This study quantifies the incidence and influence of rapid growth among firms in a high technology milieu. We draw on evidence from a longitudinal database of technology firms in Cambridge UK. Resource configurations and the entrepreneurial matching of resources to opportunities are addressed, using Penrosian growth theory. We examine how certain knowledge-resources of start-ups are related to firms’ subsequent growth. We examine various firm growth modes to track how they are associated with firm and regional growth. pp. 29–59
JEL Classification: O14, O47, D21, L11

Keywords: high-growth firm, technology, regional growth

VIVIAN MOHR
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Institute for Manufacturing
University of Cambridge
ELIZABETH GARNSEY
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Institute for Manufacturing
University of Cambridge

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