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The Resource Understanding the myth of high growth firms : the theory of the greater fool, Malin Brännback, Alan L. Carsrud, Niklas Kiviluoto

Understanding the myth of high growth firms : the theory of the greater fool, Malin Brännback, Alan L. Carsrud, Niklas Kiviluoto

Label
Understanding the myth of high growth firms : the theory of the greater fool
Title
Understanding the myth of high growth firms
Title remainder
the theory of the greater fool
Statement of responsibility
Malin Brännback, Alan L. Carsrud, Niklas Kiviluoto
Creator
Contributor
Subject
Language
eng
Summary
In this volume, the authors challenge some long held assumptions about entrepreneurial firms held by academics, public policy makers, investors and even entrepreneurs themselves. The first assumption is that growth is what really differentiates an entrepreneurial firm from a small business. The second is that growth is always good. Third, if growth is rapid, and/or high growth, it is even better. Drawing from a fresh review of the literature, their own primary research and experience in entrepreneurial ventures, the authors argue that the relationship between growth and firm performance is, in fact, inconclusive. Despite the strength of contemporary bias, there is strong evidence that the growth-profitability relationship is problematic. For example, rapid growth may lead to considerable organizational challenges that can seriously constrain a firm's ability to generate sustainable profits. Also, it is not uncommon that a growth firm becomes a victim of its own success. Using examples from industries as diverse as airlines, accounting, biotechnology, information technology, personal products, wineries, and food establishments, the authors highlight limitations to research due to variations in the choice of growth indicators, the calculation of growth measures, the measurement periods, and whether objective or subjective measures have been used. Moreover, researchers have equated growth with high growth and almost automatically assumed that this also means high technology, while policy makers appear to have interpreted this as high employment. Armed with more precise definitions and understandings of key concepts and the nature of their causality, the authors consider the implications of restoring profitability to the core of entrepreneurship for future research, firm strategy, financing, organizational structure, resource allocation, and public policy
Member of
Cataloging source
YDXCP
http://library.link/vocab/creatorDate
1963-
http://library.link/vocab/creatorName
Brännback, Malin
Dewey number
338/.04
Illustrations
illustrations
Index
no index present
LC call number
HB615
LC item number
.B7115 2014
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Carsrud, Alan L
  • Kiviluoto, Niklas
Series statement
SpringerBriefs in Business,
http://library.link/vocab/subjectName
  • Entrepreneurship
  • Economic development
Label
Understanding the myth of high growth firms : the theory of the greater fool, Malin Brännback, Alan L. Carsrud, Niklas Kiviluoto
Instantiates
Publication
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
How did growth become so interesting? -- Entrepreneurship, growth, and high-growth in research and policy -- Measuring growth -- Growth and profit -- Conflicting agendas : sakeholders, growth and profit -- Do experts know what growth is? : two studies on perception -- Discussion and recommendations
Control code
859039899
Dimensions
24 cm
Extent
v, 116 pages
Isbn
9781461494560
Lccn
2013951528
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)859039899
Label
Understanding the myth of high growth firms : the theory of the greater fool, Malin Brännback, Alan L. Carsrud, Niklas Kiviluoto
Publication
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
How did growth become so interesting? -- Entrepreneurship, growth, and high-growth in research and policy -- Measuring growth -- Growth and profit -- Conflicting agendas : sakeholders, growth and profit -- Do experts know what growth is? : two studies on perception -- Discussion and recommendations
Control code
859039899
Dimensions
24 cm
Extent
v, 116 pages
Isbn
9781461494560
Lccn
2013951528
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustrations
System control number
(OCoLC)859039899

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