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...

This study investigated the longitudinal behaviour of growth rates and profitability for a large sample of Australian firms. Similar to previous studies, growth rates were found to be much more volatile than profitability measures. Using a regression equation with lagged profit and growth...

The purpose of this paper is to present empirical findings and interpretations concerning the role of small and new firms for job creation and economic well-being from a regional perspective. More specifically, we will deal with the following questions: • Are small firms over-represented as...

This paper reports on a comprehensive study of the role of SMEs for job creation and regional economic well-being in Sweden during the 1990-93 recession period as well as the years immediately preceding and following that period. It is found that SMEs were over-represented as job creators across...

Despite the increasing recognition of the importance of word of mouth as an integral component of a firms’ marketing efforts, there has been little emphasis on developing suitable guidelines for entrepreneurs who wish to leverage scarce resources by pursuing more innovative marketing...

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...