Recent critiques of internationalization process models question the wisdom of delaying internationalization. Internationalizing late allows firms to assemble resources and gain experience but also allows inertia to develop. We resolve this tension by positing that internationalization has...

An enormous number of firms fail to deliver economically profitable growth in output even though they may have strong managerial teams and adequate capital. In this paper, we provide new empirical evidence to demonstrate a few fundamental factors that can account for the ability of a firm to...

We document the presence of multiple and varied constraints to small and medium firm growth. This presents both a practical problem for business training programs and a challenge to academic economists trying to identify mechanisms though which these programs may affect outcomes. External...

Young technology-based firms are widely recognised as important drivers of economic renewal and growth. Many statistical studies have been carried out to ascertain the attributes of the more successful ventures. Most studies are based associations between measures of firms’ growth and other...

This paper examines setbacks in the early growth of new firms. Growth interruptions mark the unfolding, cumulative processes of firm growth overlooked in standard studies that use cross sectional methods. To probe for possible patterns in growth setbacks, we examined a cohort of 200 high...

This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...

The main purpose of this study is to identify common characteristics of failed technology-based ventures according to stages of growth. We used a large size of sample which includes 2,052 firms designated as 'governmentally certificated; ventures by Korean government. We identified 502 failed...

Young Innovative Companies (YIC) gained increasing attention from governments and scholars due to their expected high innovative performance and growth. Consequently, this study investigates whether Young Innovative Companies, as defined by the EU, grow more than other firms, both in terms of...

A model for explaining firm's growth has been developed and tested, based on the strategic management model of Chrisman, Bauerschmidt and Hofer (1999) and the attitude approach of Fishbein & Ajzen (1975). The research consists of a sample of 117 entrepreneurs. It is hypothesized that the model...

It is an acknowledged fact that Micro Small Enterprises (MSE) Entrepreneur with well-established policy initiatives and guidance has solved unemployment problems along with the necessary business development assistance agencies guidance, Jamaica as a Small Island Developing State (SIDS), is no...