Scaling‐up: Building, Leading and Sustaining Rapid Growth Over Time

Jansen, Justin J. P.; Heavey, Ciarán; Mom, Tom; Şimşek, Zeki; Zahra, Shaker A.

doi:10.1111/joms.12910

Cited by 36 publications

(13 citation statements)

References 127 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…On the other hand, there is no consensus on what factors lead to high growth of entrepreneurial firms, which is different from the widely accepted belief that past innovation performance is a good indicator of future innovation (Moreno & Coad, 2015;Simsek & Post, 2019). Surprisingly, "firm growth is likely to be largely a random process that remains hard to predict" (Terjesen, Bosma, & Stam, 2016, p. 3).…”

Section: Differentiating Entrepreneurship Subsidiesmentioning

confidence: 96%

The signaling effect of entrepreneurship subsidies on initial public offering investor valuation: An anticorruption campaign as a quasi‐natural experiment

Jin

Heng

et al. 2023

Strategic Entrepreneurship

View full text Add to dashboard Cite

Research SummaryThis study examines whether different entrepreneurship subsidies signal initial public offering (IPO) firms' quality to external investors. We employ a quasi‐natural experiment by exploiting the exogenous, staggered introduction of “Eight‐Point Code” inspections to Chinese provinces, which anticorruption campaign impacts how subsidies match firm quality. Based on a difference‐in‐differences analysis of 584 IPOs, we find that research and development (R&D) subsidies match highly innovative firms regardless of government corruption, but investors interpret R&D subsidies as a quality signal only when government corruption is low. High‐growth subsidies match high‐growth firms only when government corruption is low; however, investors do not interpret high‐growth subsidies as a quality signal regardless of government corruption. Our study contributes by examining subsidy–firm matching and investors' interpretations to isolate the signaling effect of entrepreneurship subsidies.Managerial SummaryDo initial public offering (IPO) investors interpret different entrepreneurship subsidies as signals of entrepreneurial firms' quality? We find that when government corruption is high, research and development (R&D) subsidies are matched to high‐quality firms, but high‐growth (HG) subsidies are not; nevertheless, because of dubious subsidy–firm matching under high corruption, neither R&D nor HG subsidies signal firm quality to IPO investors. When government corruption is low, both R&D and HG subsidies are matched to high‐quality firms; however, because of the distinct nature of innovation and growth, IPO investors interpret only R&D subsidies as a signal of quality, ignoring HG subsidies. Our findings suggest that investors' interpretations of entrepreneurship subsidies depend on subsidy type as well as subsidy–firm matching under different anticorruption regulations.

show abstract

Section: Differentiating Entrepreneurship Subsidiesmentioning

confidence: 96%

The signaling effect of entrepreneurship subsidies on initial public offering investor valuation: An anticorruption campaign as a quasi‐natural experiment

Jin

Heng

et al. 2023

Strategic Entrepreneurship

View full text Add to dashboard Cite

show abstract

“…Such growth is often assumed to be necessary and desirable for organizations that seek to return profit to shareholders, achieved through economies of scale and increasing market share (Battilana et al, 2022). The terms 'scaling' and 'organizational-growth' are often used interchangeably, with 'scaling up' a buzzword used to refer to both (Jansen et al, 2020).…”

Section: Conventional Meanings Of Scalingmentioning

confidence: 99%

Scaling in a post-growth era: Learning from Social Agricultural Cooperatives

Colombo¹,

Bailey

Gomes

2023

Organization

View full text Add to dashboard Cite

It has become normative in organization and management studies literature to consider scaling as a synonym for organizational growth. Scaling is typically understood as scaling-up. This article demonstrates that, in the context of post-growth organizations, scaling involves a more complex set of dynamics. Directing scholarly attention to scaling in the context of Italian Social Agricultural Cooperatives (i.e. organizations that hold a different rationale and modus operandi from the capitalist enterprise), this research contributes to the literature on scaling the impact of post-growth organizations by identifying nine different scaling routes: organizational growth (vertical and horizontal); organizational downscaling; impact on policies; multiplication; impact on organizational culture; impact on societal culture; aggregation; and diffusion. This article demonstrates that post-growth scaling: (1) requires the synergistic interaction of different strategies; (2) focuses on impacting societal culture; (3) does not necessarily require organizational growth; and (4) is a relational process, embedded in socio-ecological systems. The typology presented in this article empowers post-growth organizations to become more aware of different available scaling routes, unlocking their transformative potential and supporting the transition towards a post-growth future, in which the goal of economics is the pursuit of human and ecological flourishing.

show abstract

“…Third, the context features owners with growth objectives that required them to exhibit 'scaleup' behaviour (sometimes used inter-changeably with 'scaling ' and 'scalability'). This is an issue that has gained prominence in recent literature, making this investigation both timely and important (Huang et al, 2017;Jansen et al, 2023;Monteiro, 2019;Piaskowska et al, 2021;Reuber et al, 2021;Stallkamp et al, 2022;Tippmann et al, 2023a;. We purposefully use the term 'scaleups' to contextualise an owner's growth-oriented objectives consistent with Piaskowska et al (2021, p. 1).…”

Section: Introductionmentioning

confidence: 99%

“…However, contextualising this study in relation to broader-based research on scale-up behaviour and high-growth firms is important. This is because although Jansen et al (2023) note that interest has gained momentum, the existing body of knowledge remains largely fragmented and dispersed.…”

Section: Introductionmentioning

confidence: 99%

“…Therefore, context is likely to play a role in explaining the observation of Jansen et al (2023), since scale-up behaviour may be contingent on various circumstances. This instrumental case study contributes to a relatively under-researched body of knowledge recognising that scale-up, growth-oriented behaviour that manifests in internationalisation is not always forward moving and may be non-linear (Benito and Welch, 1997; Bernini et al, 2016; Crick et al, 2020; Kafouros et al, 2022; Vissak and Francioni, 2013; Yayla et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Governance considerations and non-linear international scale-up behaviour among INVs

Crick,

Chaudhry

2023

International Small Business Journal: Researching Entrepreneurs

View full text Add to dashboard Cite

Underpinning this instrumental case study is an effectuation lens. It investigates how a firm’s governance affects decision-making within international new ventures (INVs), which rapidly withdrew from markets abroad, regarding their re-internationalisation activities. Interviews with founding owners, exhibiting growth-oriented objectives, provide unique insights regarding a combination of effectuation and causation-oriented decision-making. In comparison to earlier studies that focus on the role and mind-set of the founding management team, findings suggest stakeholders like angel investors may exhibit an influence on certain INVs’ internationalisation decisions. Some decision-makers view risks/rewards against objectives in subjective ways like ‘loss of credibility’ and the ‘fear of missing out,’ rather than simply economic terms like growth. New light is shed on the importance of decision-makers validating internationalised business models and exhibiting an ability to pivot product-market strategies. Non-linear international scale-up behaviour may include a temporary domestic market focus and potentially re-internationalising to different countries targeted prior to de-internationalisation.

show abstract

Scaling‐up: Building, Leading and Sustaining Rapid Growth Over Time

Cited by 36 publications

References 127 publications

The signaling effect of entrepreneurship subsidies on initial public offering investor valuation: An anticorruption campaign as a quasi‐natural experiment

The signaling effect of entrepreneurship subsidies on initial public offering investor valuation: An anticorruption campaign as a quasi‐natural experiment

Scaling in a post-growth era: Learning from Social Agricultural Cooperatives

Governance considerations and non-linear international scale-up behaviour among INVs

Contact Info

Product

Resources

About