The purpose of this paper was to examine the factors affecting the future firm size expectations of nascent entrepreneurs. This was done by testing a decision model on a unique data set composed of a random sample of nascent entrepreneurs. The proposed model is based on four different components...

This study investigates the role of high growth firms for the creation of new employment in Sweden during the 1987-96 period. Our data set is unique in the sense that it captures both enterprise and company group levels of analysis, and in that organic growth can be separated from growth through...

This conceptual paper investigates how the metaphorical use of concepts from complexity theory may impact the way we think about human resource management theory and practice. The concepts of fractal, strange attractor and quantum self, borrowed from complexity theory are presented. Fractal...

Abstract - A simple mathematical model describing the diffusion of a new, infrequently purchased product is proposed. Many previous papers have reported that the differing behaviour of "innovators" and "imitators" is fundamental to the diffusion process. However, previous models have failed to...

Small business policy has become a major focus of industrial policy initiatives in the OECD countries (Storey and Tether 1998). A range of policy measures are utilised in support of small business, including direct financial support, the provision of advisory services, the education and training...

The literature on state capacity has suggested that state-industry relations are critical in understanding the structure of industry and the capacity for industry transformation within a particular social context. Further, there appears to be a need for science and technology policies that...

Empirical research conducted on economic sectors in the U.S., Germany, Australia and Scotland has shown that factors such as age, size, location, legal form, and industry are related to business growth rates. Much of this research has focused on manufacturing firms thus providing little...

Davis, Haltiwanger & Schuh (1993; 1996) suggested that the belief that small firms are major contributors of new jobs is largely based on methodological flaws. In particular, their reasoning about the "regression fallacy", i.e., that temporary fluctuations in size systematically biases estimates in...

In the words of Hubbard, Vetter and Little (1998, p. 252), 'systematic replication replaces piecemeal, untested results with useful findings that address practical problems.' We agree with this. We further hold that for empirical relationships to be really interesting and meaningful one should...