Firm growth is almost universally portrayed as a good thing, and is commonly used as a measure of success. Applying resource-based reasoning, we argue that growth is often not a sign of sound development. Specifically, we hypothesize that firms which grow without first securing high levels of...

Sales growth and employment growth are the two most widely used growth indicators for new ventures; yet, sales growth and employment growth are not interchangeable measures of new venture growth. Rather, they are related, but somewhat independent constructs that respond differently to a variety...

The key ideas behind the empirical study of 'nascent entrepreneurship' are that the research aims to identify a statistically representative sample of on-going venture start-up efforts and that these start-up efforts are subsequently followed over time so that insights can be gained also into...