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Article: Influence of firm size, age and usage of IT on the growth of firms: some evidence from Hong Kong's service sector

TitleInfluence of firm size, age and usage of IT on the growth of firms: some evidence from Hong Kong's service sector
Authors
KeywordsFIRB sector
Skilled employees
Firm age
Firm size
Hong Kong
Issue Date2007
PublisherSujeon Publishers.
Citation
International Journal of Urban Sciences, 2007, v. 11 n. 1, p. 42-56 How to Cite?
AbstractThe study uses a sample of FIRB sector firms in Hong Kong to examine some aspects of firm dynamics and characteristics. The most important finding from the model is that usage of information technology (IT) is one of the key factors that explain the variation of growth of modern firms. It also finds that firm size is an important determinant of firm growth: the smaller the firm size, the greater the firm growth. Gilbrat's Law therefore fails, and this finding is consistent with pioneering works of Evans (1987) and Hall (1987). Indicating a close relationship between the usage of IT and the increasing trend of knowledge-based employees in firms, it is also found that skilled employees exert a relatively positive influence on the growth of firm. This finding may be indicative of the situation where new working practices such as team working is practiced, where group space is important rather than permanent territorial offices, where groups of skilled professionals can work together with relatively efficient space usage. Results, however, confirm that location of the firm does not play an important role for the growth.
Persistent Identifierhttp://hdl.handle.net/10722/65822
ISSN
2015 SCImago Journal Rankings: 0.302

 

DC FieldValueLanguage
dc.contributor.authorWadu, MJen_HK
dc.contributor.authorLau, SSYen_HK
dc.contributor.authorChau, KWen_HK
dc.contributor.authorGanesan, Sen_HK
dc.date.accessioned2010-09-06T05:41:13Z-
dc.date.available2010-09-06T05:41:13Z-
dc.date.issued2007en_HK
dc.identifier.citationInternational Journal of Urban Sciences, 2007, v. 11 n. 1, p. 42-56en_HK
dc.identifier.issn1226-5934en_HK
dc.identifier.urihttp://hdl.handle.net/10722/65822-
dc.description.abstractThe study uses a sample of FIRB sector firms in Hong Kong to examine some aspects of firm dynamics and characteristics. The most important finding from the model is that usage of information technology (IT) is one of the key factors that explain the variation of growth of modern firms. It also finds that firm size is an important determinant of firm growth: the smaller the firm size, the greater the firm growth. Gilbrat's Law therefore fails, and this finding is consistent with pioneering works of Evans (1987) and Hall (1987). Indicating a close relationship between the usage of IT and the increasing trend of knowledge-based employees in firms, it is also found that skilled employees exert a relatively positive influence on the growth of firm. This finding may be indicative of the situation where new working practices such as team working is practiced, where group space is important rather than permanent territorial offices, where groups of skilled professionals can work together with relatively efficient space usage. Results, however, confirm that location of the firm does not play an important role for the growth.-
dc.languageengen_HK
dc.publisherSujeon Publishers.en_HK
dc.relation.ispartofInternational Journal of Urban Sciencesen_HK
dc.subjectFIRB sector-
dc.subjectSkilled employees-
dc.subjectFirm age-
dc.subjectFirm size-
dc.subjectHong Kong-
dc.titleInfluence of firm size, age and usage of IT on the growth of firms: some evidence from Hong Kong's service sectoren_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=1226-5934&volume=11&issue=1&spage=42&epage=56&date=2007&atitle=Influence+of+firm+size,+age+and+usage+of+IT+on+the+growth+of+firms:+some+evidence+from+Hong+Kong%27s+service+sectoren_HK
dc.identifier.emailWadu, MJ: mjwadu@graduate.hku.hken_HK
dc.identifier.emailLau, SSY: ssylau@hku.hken_HK
dc.identifier.emailChau, KW: hrrbckw@hku.hk-
dc.identifier.authorityLau, SSY=rp01006en_HK
dc.identifier.authorityChau, KW=rp00993en_HK
dc.identifier.doi10.1080/12265934.2007.9693606-
dc.identifier.hkuros147119en_HK
dc.identifier.volume11-
dc.identifier.issue1-
dc.identifier.spage42-
dc.identifier.epage56-

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