AThis collection of articles by an internationally recognized team of authors is a welcome addition to the literature on firm growth. The authors, singly and together, have previously made important contributions with regard to frameworks for understanding growth, as well as cutting-edge empirical research on the actual growth process. In this volume, the authors bring previous research up-to-date, providing a critical look at what has been published in the last decade and offering new theoretically informed insights in how and why firms grow.A A Howard Aldrich, University of North Carolina, US This insightful volume presents a collection of cutting-edge works by two of the leading researchers of firm growth. The studies extend previous research by providing stronger theoretical underpinnings and using longitudinal databases that can separate in time the firmsA growth from its presumed causes. They also break new ground by examining different modes of growth, such as sales growth vs. employment growth, and organic growth vs. acquisition-based expansion. Further, the studies investigate the drivers of firm growth and take a critical look at the effects, such as under what circumstances high growth is associated with high profitability. The issue of how firm growth is achieved and managed, and what consequences it has for different stakeholders is both theoretically interesting and practically important. The book will strongly appeal to academics of entrepreneurship, small business management and strategy.Second, we argued and found that the problems associated with the ACs of AG will be outweighed by the increase in the POS of the firm. Our results are robust and consistent with Hypothesis 2, indicating a positive relationship between previous AG and current OG. ... the sample studied (mainly small, non-listed firms instead of large, listed firms) and the outcome variable (organic growth instead of stockanbsp;...
|Title||:||New Perspectives on Firm Growth|
|Author||:||Per Davidsson, Johan Wiklund|
|Publisher||:||Edward Elgar Publishing - 2013-01-01|