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Spawning of daughter firms

The phenomenon of spawning daughter firms is very common among the French and Irish young growing firms. 27% of smaller French (i.e. firms below the median in size) and 55% of larger French firms spawned daughter firms (excluding acquisitions). 36% of smaller Irish and 63% of larger Irish firms also spawned daughter firms, compared with only 14% of smaller Scottish and 27% of larger Scottish firms. This difference is commented on in the discussion.

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