This paper examines the relationship between firm size, competitive strategy and performance, for the long-lived small … be long-lived. In a three-equation simultaneous model, performance, size and the dimensions of the competitive strategy …SLS. A trade-off is found to exist between firm size and performance. Further, we find that to attain higher equilibrium …

in Scotland. New measures of flexibility and turbulence are used to explain the performance of mature small firms. These … depend on our unique body of evidence from interviews with owner managers. Performance is measured using a Likert scale over … performance. This is done in two forms. The first involves generalised least squares estimatation (with heteroskedastic adjustment …

change (e.g. ownership, technology, location, line of business etc.). This is explored in a model of firm performance using … performance is explained in terms of a count of real options exercised, measures of the level and timing of precipitators and …

This paper seeks a good measure of new business performance, and then explains this measure by various dimensions of … business strategy. Three criteria are used to create a one dimensional ordinal ranking of high, medium and low performance for … cluster analysis provides a convincing separation of a sample of new business starts into high, medium and low performance …

performance. However, the performance of small firms is shown to be better for the second sample period, compared to the first. If … macroeconomic effects are neutral, and grant/subsidy regimes are insignificant, then reasons for performance differences, it is …) from 1988 onwards. It is therefore suggested that at least part of the superior performance of small firms in the second …