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...

We are interested in the antecedents to an individual?s decision to become an entrepreneur. Our approach is to consider an individual?s choice between self-employment and becoming an employee using multi-attribute utility discrete-choice modeling. The attributes in the model are based on the...

This paper illustrates an evolutionary process that is consistent with the primary domains of evolutionary theorising, namely ecology and biology. In doing so, this paper presents an alternative explanation of how certain type of regional start-ups have managed to survive where others have...

Resource based views of the firm and in particular Kay?s (1995) model of sustainable competitive advantage have been used to advance an understanding of differences in the competitive advantage of private sector firms. We extend the analysis to a public sector firm where its major purpose...

Organisations are constantly seeking new ways to grow and prosper in a complex competitive world. Many companies achieve success by maintaining or increasing their rate of innovation, and organisational approaches to innovation vary according to industry and context. Innovation is a...

[Abstract]: Diversity management is an emerging field within human resource management. However, most of the literature and consulting in the management of diversity in a workforce is focused on and applied in large organizations. In contrast, the aims of this consulting project were to research...

Purpose of the paper: The paper advocates a Darwinian explanation of the process of firm transformation. Existing, but generally opposing views related to the selection-adaptation debates are united to consider the dialogic nature of both approaches. It is argued that a Darwinian approach, as...