We, therefore, believed that it was worth examining the moderating effect of ownership structure on the relationship between board social capital and firm growth
. Strong ownership structure often provides a board with incentives to participate in decision management and decision control (Li, 1994), which may mitigate the influence of board social capital on firm behavior.
Specifically, team management can be a source of resources and capabilities fostering firm growth
. Team members managing a firm constitute a valuable resource (Barney, 1991), having a crucial role in organizational performance (Barringer, Jones, & Neubaum, 2005).
Second, to verify the analytical derivation of firm growth
, we compared the parameters estimated in different ways using empirical data.
This special issue seeks to contribute to the knowledge base on the growth process of entrepreneurial firms, which is an emerging stream of research on firm growth
. This emerging stream complements the existing perspectives on expansion, which are more focused on: 1) companies' internal adaptation mechanisms, as reflected in life cycle models, and on 2) determinants and predictors of firm growth
(Dobbs & Hamilton, 2006; McKelvie & Wiklund, 2010).
As illustrated above, the real key to virtually every successful internally financed succession is firm growth
. It provides the capital to finance the buyout and controls the time it will take, as well.
While intuitively a positive relationship between strategic planning and firm growth
is assumed, findings have been inconsistent.
This changing knowledge of management creates new productive opportunities for firm growth
1) Early Firm Growth--This early phase of firm growth
would commence with the founding of the firm and would extend until a new venture has survived its early period in business and is poised for further growth.
While there is extensive theoretical and empirical literature on firm growth
, this article focuses on the main aspects of such growth.
The second hypothesis is that government support and the involvement of financial intermediaries (lenders) and insurance agencies can strengthen the association between R&D and firm growth
. To test this hypothesis, several interaction items are introduced into model (1), and the following model is specified:
We look for evidence on initial resource configurations and the matching of resources to opportunities that are associated with rapid firm growth
. These were questions addressed by Penrose (1995), who provided a basis for theorizing the issue of firm growth
, usually treated in a pragmatic manner in quantitative studies.
After fluctuating in and out of negative territory in morning trading, stocks gradually gained ground on buying driven by firm growth