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dc.contributor.authorDimitrov, Stanko
dc.contributor.authorCozzarin, Brian Paul 14:42:59 (GMT) 14:42:59 (GMT)
dc.descriptionThis is an Accepted Manuscript of an article published by Taylor & Francis in Small Enterprise Research on 2021-05-21, available online:
dc.description.abstractWe explore whether intellectual capital is a precursor to Small and Medium Enterprise (SME) growth. We use data from Inc. 5000 of fast-growing SMEs in the USA and match companies to patent applications. We use a zero-inflated negative binomial model corrected for endogeneity to account for many SMEs without intellectual capital. We find the marginal benefit from intellectual capital on SME growth, revenue, and the number of years on the Inc. 5000 list. Across industries, we find a 1% increase in intellectual capital results in a 3.6% increase in revenue growth. The results change by industry: in particular, IT Services, Software, and Telecommunications are the only sectors that have a positive relationship between intellectual capital and growth. Perhaps surprisingly, SMEs in the Business Services, Engineering, and Health industry sectors experience negative growth with an increase in intellectual capital.en
dc.publisherTaylor & Francisen
dc.relation.ispartofseriesSmall Enterprise Research;
dc.subjectintellectual propertyen
dc.subjectInc. 5000en
dc.subjectpatent dataen
dc.subjectzero-inflated negative binomial modelen
dc.titleImpact of intellectual capital on small-firm growth: a longitudinal study from Inc. 5000en
dcterms.bibliographicCitationDimitrov, S., & Cozzarin, B. P. (2021). Impact of intellectual capital on small-firm growth: A longitudinal study from Inc. 5000. Small Enterprise Research, 28(2), 95–114.
uws.contributor.affiliation1Faculty of Engineeringen
uws.contributor.affiliation2Management Sciencesen

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