471 KB0 KB200920262024Burger, AnžeJaklič, AndrejaKnez, KlemenKotnik, PatriciaRojec, Matijaletnik:26številka:iss. 2, article 2str. 81-103DOI:10.15458/2335-4216.1336COBISSID_HOST:198079491ISSN:2335-4216URN:URN:NBN:SI:doc-UDV2DNVJenEkonomska fakultetaEconomic and business reviewenterprisesgrowing companymanagementpodjetjerastoče podjetjeFirm-level, macroeconomic, and institutional determinants of firm growth| evidence from Europe|To examine the main drivers of firm growth, we estimated a model integrating firm-level, industry-specific as well as country-level determinants, aiming at a comprehensive explanation of firm growth. We used a large dataset of European firms for the 2005–2017 period and combined Amadeus firm-level data with macroeconomic variables and multidimensional measures of institutional framework, based on a range of sources. Using different panel regression model specifications, we found the most consistent relationships for firm-level determinants. Among country-level determinants, infrastructure quality, inward FDI, natural resources, and inequality show a consistently positive and significant relation with firm growthTEXTznanstveno časopisjejournalsSlovenian National E-content AggregatorNational and University Library of SloveniaUniverza v Ljubljani, Ekonomska fakulteta