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Understanding the Myth of High Growth Firms
springer-verlag new york inc.

Understanding the Myth of High Growth Firms

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In this volume, the authors challenge some long held assumptions about entrepreneurial firms held by academics, public policy makers, investors and even entrepreneurs themselves. The first is assumption is that growth is what really differentiates an entrepreneurial firm from a small business. The second is that growth is always good. Third, if growth is rapid, and/or high growth, it is even better. Drawing from a fresh review of the literature, their own primary research and experience in entrepreneurial ventures, the authors argue that the relationship between growth and firm performance is, in fact, inconclusive. Despite the strength of contemporary bias, there is strong evidence that the growth-profitability relationship is problematic. For example, rapid growth may lead to considerable organizational challenges that can seriously constrain a firm’s ability to generate sustainable profits. Also, it is not uncommon that a growth firm becomes a victim of its own success. Using

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Specifications

Books nl author
Malin Brännback; Alan L. Carsrud; Niklas Kiviluoto
Books nl publisher
Springer New York
Condition
new
Merchant product second category
Books > Business and Management
Merchant product third category
Brief/Pivot
Product type
Soft cover
EAN / GTIN
9781461494560

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