Understanding the Myth of High Growth Firms: The Theory of the Greater Fool
Gespeichert in:
Hauptverfasser: | , , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
New York, NY
Springer
2014
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Schriftenreihe: | SpringerBriefs in Business
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Schlagworte: | |
Online-Zugang: | BFB01 BTU01 FHA01 FHI01 FHM01 FHN01 FHR01 FKE01 FNU01 FRO01 FWS01 FWS02 HWR01 UBG01 UBM01 UBT01 UBY01 UPA01 Volltext Inhaltsverzeichnis Abstract |
Beschreibung: | Online-Ressource (V, 116 p, online resource) |
ISBN: | 9781461494577 |
DOI: | 10.1007/978-1-4614-9457-7 |
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adam_text | UNDERSTANDING THE MYTH OF HIGH GROWTH FIRMS
/ BRAENNBACK, MALIN
: 2014
TABLE OF CONTENTS / INHALTSVERZEICHNIS
1 INTRODUCTION
2 HOW DID GROWTH BECOME SO INTERESTING?
3 ENTREPRENEURSHIP, GROWTH, AND HIGH-GROWTH IN RESEARCH AND POLICY
4 MEASURING GROWTH
5 GROWTH AND PROFIT
6 CONFLICTING AGENDAS: STAKEHOLDERS, GROWTH AND PROFIT
7 DO EXPERTS KNOW WHAT GROWTH IS? TWO STUDIES ON PERCEPTION
8 DISCUSSION AND RECOMMENDATIONS
DIESES SCHRIFTSTUECK WURDE MASCHINELL ERZEUGT.
UNDERSTANDING THE MYTH OF HIGH GROWTH FIRMS
/ BRAENNBACK, MALIN
: 2014
ABSTRACT / INHALTSTEXT
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 IS 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
DIESES SCHRIFTSTUECK WURDE MASCHINELL ERZEUGT.
|
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record_format | marc |
series2 | SpringerBriefs in Business |
spellingShingle | Brännback, Malin 1963- Carsrud, Alan L. Kiviluoto, Niklas 1985- Understanding the Myth of High Growth Firms The Theory of the Greater Fool Management Wirtschaft Economics Business planning Entrepreneurship Economics/Management Science |
title | Understanding the Myth of High Growth Firms The Theory of the Greater Fool |
title_auth | Understanding the Myth of High Growth Firms The Theory of the Greater Fool |
title_exact_search | Understanding the Myth of High Growth Firms The Theory of the Greater Fool |
title_full | Understanding the Myth of High Growth Firms The Theory of the Greater Fool Malin Brännback, Alan L. Carsrud, Niklas Kiviluoto |
title_fullStr | Understanding the Myth of High Growth Firms The Theory of the Greater Fool Malin Brännback, Alan L. Carsrud, Niklas Kiviluoto |
title_full_unstemmed | Understanding the Myth of High Growth Firms The Theory of the Greater Fool Malin Brännback, Alan L. Carsrud, Niklas Kiviluoto |
title_short | Understanding the Myth of High Growth Firms |
title_sort | understanding the myth of high growth firms the theory of the greater fool |
title_sub | The Theory of the Greater Fool |
topic | Management Wirtschaft Economics Business planning Entrepreneurship Economics/Management Science |
topic_facet | Management Wirtschaft Economics Business planning Entrepreneurship Economics/Management Science |
url | https://doi.org/10.1007/978-1-4614-9457-7 http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027039776&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027039776&sequence=000003&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT brannbackmalin understandingthemythofhighgrowthfirmsthetheoryofthegreaterfool AT carsrudalanl understandingthemythofhighgrowthfirmsthetheoryofthegreaterfool AT kiviluotoniklas understandingthemythofhighgrowthfirmsthetheoryofthegreaterfool |