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New ventures play a significant role in the U.S.economy.However, much debate still surrounds the processes and factorsthat influence new venture growth (NVG).The impact of technologicalresources on NVG has been examined in the past; however, these research studiesare not without flaws and...
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The concept of scale barriers is introduced to shed light on new venture growth. Growth is a process of overcoming resource deficiencies, or scale barriers, resulting from the liabilities of newness and smallness. New ventures employ a variety of resource accumulation strategies to surmount...
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