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The aim of this paper is to provide a better understanding of the evolution of small firm performance. We do so by studying performance changes on a two dimensional "growth– profitability performance space". It is well established that both growth and profitability are important dimensions of...
Persistent link: https://www.econbiz.de/10009437585
This article discusses the problem of making practical use of research on entrepreneurship. The introduction deals with … differences can be bridged. Regarding entrepreneurship research specifically it is argued in the following section that there are … side are also to blame. In the next section it is suggested that entrepreneurship research can actually do "A lot of harm …
Persistent link: https://www.econbiz.de/10009437661
empirical instrument for assessing a firm’s degree of entrepreneurship. Our instrument should open up opportunities for … researchers to further evaluate entrepreneurship in existing firms. …
Persistent link: https://www.econbiz.de/10009438041
H. H. Stevenson suggests that firms’ management practices range along a spectrum from highly entrepreneurial to highly administrative. At the entrepreneurial end are promoter firms with a focus on new opportunities and at the administrative end are trustee firms with an inward focus on...
Persistent link: https://www.econbiz.de/10009438042
Edith Penrose’s theory of firm growth postulates that a firm’s current growth rate will be influenced by the adjustment costs of, and changes to a firm’s productive opportunity set arising from, previous growth. Although she explicitly considered the impact of previous organic growth on...
Persistent link: https://www.econbiz.de/10009438187
The research presented here addresses the following problems that we perceive in research on the development of young firms. First, we feel there is a lack of holistic, yet quantifiable and generalizable ways to assess the state of newly started firms. Quantitative research typically relies on...
Persistent link: https://www.econbiz.de/10009483455
This paper investigates the decision making behaviour of individuals with respect to attributes considered relevant to the assessment of potential venture opportunities. Using a decision making experiment, we were able to consider the behaviour of individuals taking into account their risk and...
Persistent link: https://www.econbiz.de/10009483544
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