Growth Intentions and Board Composition in High-Growth Firms

Rasmussen, Casper Claudi; Ladegård, Gro; Korhonen-Sande, Silja

doi:10.1111/jsbm.12307

Cited by 23 publications

(19 citation statements)

References 99 publications

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“…Outro enfoque é centrado na forma de gestão, sendo o crescimento de pequenas empresas relacionado à competência de planejamento e gestão. Outra explicação do crescimento de empresas é como resultante de aspectos psicológicos, como intenções de crescimento (Rasmussen et al, 2016). Além disso, para esse enfoque, o crescimento pode ser resultante de outros motivos, como a necessidade de se sentir respeitado pela comunidade (Orser, Riding, & Manley, 2006).…”

Section: Crescimento De Pequenas Empresasunclassified

“…Esta pesquisa investigou como empreendedores compreendem o processo de crescimento de empresas de software, focando dificuldades e determinantes de crescimento, o que é importante porque empreendedores têm um papel central no crescimento das empresas (Rasmussen et al, 2016).…”

Section: Considerações Finaisunclassified

“…No entanto, intenções representam apenas a primeira etapa do processo de crescimento (Zampetakis, Bakatsaki, Kafetsios & Moustakis, 2016). Como o empreendedor exerce um papel central no processo de crescimento (Rasmussen et al, 2016), há outros aspectos, além dos motivacionais, que podem influenciar o crescimento de negócios. Por exemplo, a experiência e o aprendizado podem contribuir para melhor compreensão acerca de determinantes e dificuldades de crescimento.…”

Section: Introductionunclassified

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Crescimento de Empresas na Perspectiva de Pequenos Empreendedores de Base Tecnológica

Machado

2018

Rev. adm. contemp.

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Resumo O crescimento pode ser analisado sob diferentes níveis: ambiente, empresa e empreendedor. No nível do empreendedor, são escassas as pesquisas anteriores que abordaram percepções de empreendedores sobre dificuldades e determinantes de crescimento, as quais podem influenciar intenções e estratégias de crescimento. Esta pesquisa teve por objetivo compreender o processo do crescimento de empresas de base tecnológica, na perspectiva de empreendedores, focando determinantes e dificuldades de crescimento. Realizou-se uma pesquisa qualitativa com seis empreendedores, utilizando entrevistas abertas, que foram transcritas e codificadas com suporte do software N Vivo versão 9. As determinantes de crescimento para os empreendedores abrangem ações deles, da gestão das empresas e do ambiente. As dificuldades de crescimento foram mencionadas apenas no nível da gestão e do ambiente. Os resultados evidenciam a importância de percepções do empreendedor na compreensão do processo de crescimento, enquanto fenômeno multidimensional. Os resultados oferecem subsídios para formulação de políticas voltadas ao crescimento de pequenas e médias empresas de software.

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Section: Crescimento De Pequenas Empresasunclassified

Section: Considerações Finaisunclassified

Section: Introductionunclassified

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Crescimento de Empresas na Perspectiva de Pequenos Empreendedores de Base Tecnológica

Machado

2018

Rev. adm. contemp.

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“…The question of why some firms grow but others do not forms an important stream of research within the small business literature (Storey and Greene 2010;Coad et al 2013;Hansen and Hamilton 2011;Rasmussen et al 2016). Areas of focus include the relationship between firm growth and profitability (Senderovitz et al 2016), entrepreneurs' personal values (Churchill and Lewis 1983;Tomczyk et al 2013) and vertical coopetition (Lechner et al 2016).…”

Section: Regulatory Legitimacy In 'Winner Takes All' Marketsmentioning

confidence: 99%

Theorizing piratical innovation: Regulatory illegitimacy and firm growth

Nunan¹,

Domenico

2020

Journal of Small Business Management

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This article examines the growing phenomenon of firms in 'winner takes all' markets who adopt business models that prioritize exceptional levels of growth over other financial metrics. Often this growth results in firms breaking with regulatory norms, despite regulatory legitimacy being theorized as essential for resource acquisition in small firms. The article explores this apparent paradox. We propose piratical innovation as a firm level process built upon disrupting regulatory norms in a way that avoids negative legitimacy judgments. Extending labelling theory, we develop a conceptual model where piratical innovation blends a range of symbolic and substantive actions to enable these firms to maintain legitimacy amongst stakeholders, even when growth is underpinned by illegitimate acts. We conclude by considering the wider applicability of piratical innovation as a model for small firm growth, and the consequences for other firms which must compete against such innovations.

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“…The high-growth phenomenon, measured as compound annual growth in sales or employees above 20%, has attracted the attention of both management and entrepreneurship scholars (De Santola and Gulati, 2017; Demir et al, 2017; Hart et al, 2021; Rasmussen et al, 2018). High growth is deemed important for economic development, innovation and wealth creation (Anyadike-Danes et al, 2009; OECD, 2011; World Economic Forum, 2015).…”

Section: Introductionmentioning

confidence: 99%

Under which circumstances do family SMES achieve high growth? A behavioural perspective

Minola

Baù

Brumana

et al. 2022

International Small Business Journal: Researching Entrepreneurs

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High-growth firms contribute disproportionately to the creation of employment, wealth and economic development on a global basis. Yet, knowledge of the circumstances under which such growth patterns occur is limited, and the findings with regard to small and medium sized enterprises (SMEs) are inconclusive. Adopting the behavioural agency model, we analyse the effect of family control and related nuances (i.e. degree of family ownership and presence of a family chief executive officer (CEO)) on SME growth. Furthermore, we argue that the type of slack resources and their availability are a crucial organisational contingency when investigating high growth in SMEs. Using a sample of 39,631 European SMEs over a 13-year period, we find that family firms are less likely to achieve high growth compared to non-family firms; having a family CEO further reduces this likelihood. Instead, at higher (vs lower) levels of family ownership, the probability of family firms achieving high growth increases. Furthermore, the availability of high-and low-discretion slack resources influences these relationships. Our study advances current understanding of high growth in general, and family firms in particular.

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Growth Intentions and Board Composition in High-Growth Firms

Cited by 23 publications

References 99 publications

Crescimento de Empresas na Perspectiva de Pequenos Empreendedores de Base Tecnológica

Crescimento de Empresas na Perspectiva de Pequenos Empreendedores de Base Tecnológica

Theorizing piratical innovation: Regulatory illegitimacy and firm growth

Under which circumstances do family SMES achieve high growth? A behavioural perspective

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