Lensink, Robert; Steen, Paul; Sterken, Elmer - In: Small Business Economics 24 (2005) 4, pp. 381-391
Using data from a survey of 1,097 small and medium-sized non-listed Dutch firms we investigate the relation between growth of the firm and uncertainty. We focus on the impact of sales uncertainty on various types of investment. We find that sales uncertainty, measured by the conditional...