Competencies and Institutions Fostering High-Growth Firms examines high-growth firms, also known as "Gazelles," which have become critical to net job creation and economic growth. It analyzes how the institutional framework - the "rules of the game" -- affects such firms, taking the theory of competence blocs as a point of departure. The three institutional categories that are key areas for the promotion of high growth firms include the tax system, the organization of labor markets and product market regulations. The authors characterize institutions as either fostering dynamic capitalism, by...