Growth and performance contrasts between 'types' of small firms
Article Abstract:
The interrelationships of small-firm strategies were investigated, along with theories about small-firm growth. The number of employees, sales turnover, and profitability were used as measures of comparative growth. The strategies of 222 small firms were classified into eight categories based on internal variables of ownership, management, production, and external variables of positioning. The results indicated that firms did not follow a prescribed sequence of growth stages. A combination of variables appeared to contribute to the growth of the firms, but no explanation was found for predicting which firms were more likely to grow.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1990
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The role of new firms: births, deaths and job generation
Article Abstract:
The contribution of new and small firms to economic recovery is measured. Business starts and failure rates and net jobs generated by new businesses were examined, using data drawn from St. Joseph's County, Indiana, for the period 1977 to 1982. The results indicate that new firms do play an important role in job creation; new firms accounted for 2.9 percent of the jobs in the sectors studied, exceeding the 1.75 of jobs lost through business closures. The implications of the research for economic recovery plans are discussed.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1986
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The top management team and corporate performance
Article Abstract:
The relationship between managerial characteristics and corporate performance is examined. Data were collected from 953 top managers of 150 companies in five US industries. The results indicate that in all industries studied, the companies with the best performance have significantly different management profiles than companies that perform poorly. The characteristics of managers of top-performing companies were similar in all industries studied.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1988
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