DICE THROWN FROM THE BEGINNING?: AN EMPIRICAL INVESTIGATION OF DETERMINANTS OF FIRM LEVEL GROWTH EXPECTATIONS

This study investigates three competing but complementar^ perspectives onfactors related to entrepreneurial firm growth. We examine individual (entrepreneur) firm and national environment factors associated with the growth expectations ofnascent, baby and establishedfirms. Using 25,384 data...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	TERJESEN,SIRI, SZERB,LÁSZLÓ
Lenguaje:	English
Publicado:	Universidad de Chile. Departamento de Economía 2008
Materias:	Entrepreneurship firm growth expectations develop vs. developing countries
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862008000200003
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:scielo:S0718-52862008000200003
record_format	dspace
spelling	oai:scielo:S0718-528620080002000032009-06-02DICE THROWN FROM THE BEGINNING?: AN EMPIRICAL INVESTIGATION OF DETERMINANTS OF FIRM LEVEL GROWTH EXPECTATIONSTERJESEN,SIRISZERB,LÁSZLÓ Entrepreneurship firm growth expectations develop vs. developing countries This study investigates three competing but complementar^ perspectives onfactors related to entrepreneurial firm growth. We examine individual (entrepreneur) firm and national environment factors associated with the growth expectations ofnascent, baby and establishedfirms. Using 25,384 data pointsfrom Global Éntrepreneurship Monitor (GEM) 's survey of entrepreneurial activity in 35 countries, we find mole gender, personal acquaintance with an entrepreneur, innovative product/service, low levels of competition and based in less-developed countries are associated with high growth expectations for all three business stages. Nascent and baby firms' business growth expectations are also linked to having higher levels of start-up capital and outside investment. In contrast to some previous research, wefind that a firm 's initial size is the best predictor of growth expectations. Altogether, size-relatedfactors determine not only initial growth expectations, but also growth expectations at laterfirm stages. The law of disproportionate growth (Le. a small number of firms are responsible for most expectedjob creation) holdsfor both start-ups and established busines-ses, although the latter are more rare. While both start-up and established firm growth expectations are higher in the developing countries, thefastest growing young firms are mainlyfound in developed countries.info:eu-repo/semantics/openAccessUniversidad de Chile. Departamento de EconomíaEstudios de economía v.35 n.2 20082008-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862008000200003en10.4067/S0718-52862008000200003
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Entrepreneurship firm growth expectations develop vs. developing countries
spellingShingle	Entrepreneurship firm growth expectations develop vs. developing countries TERJESEN,SIRI SZERB,LÁSZLÓ DICE THROWN FROM THE BEGINNING?: AN EMPIRICAL INVESTIGATION OF DETERMINANTS OF FIRM LEVEL GROWTH EXPECTATIONS
description	This study investigates three competing but complementar^ perspectives onfactors related to entrepreneurial firm growth. We examine individual (entrepreneur) firm and national environment factors associated with the growth expectations ofnascent, baby and establishedfirms. Using 25,384 data pointsfrom Global Éntrepreneurship Monitor (GEM) 's survey of entrepreneurial activity in 35 countries, we find mole gender, personal acquaintance with an entrepreneur, innovative product/service, low levels of competition and based in less-developed countries are associated with high growth expectations for all three business stages. Nascent and baby firms' business growth expectations are also linked to having higher levels of start-up capital and outside investment. In contrast to some previous research, wefind that a firm 's initial size is the best predictor of growth expectations. Altogether, size-relatedfactors determine not only initial growth expectations, but also growth expectations at laterfirm stages. The law of disproportionate growth (Le. a small number of firms are responsible for most expectedjob creation) holdsfor both start-ups and established busines-ses, although the latter are more rare. While both start-up and established firm growth expectations are higher in the developing countries, thefastest growing young firms are mainlyfound in developed countries.
author	TERJESEN,SIRI SZERB,LÁSZLÓ
author_facet	TERJESEN,SIRI SZERB,LÁSZLÓ
author_sort	TERJESEN,SIRI
title	DICE THROWN FROM THE BEGINNING?: AN EMPIRICAL INVESTIGATION OF DETERMINANTS OF FIRM LEVEL GROWTH EXPECTATIONS
title_short	DICE THROWN FROM THE BEGINNING?: AN EMPIRICAL INVESTIGATION OF DETERMINANTS OF FIRM LEVEL GROWTH EXPECTATIONS
title_full	DICE THROWN FROM THE BEGINNING?: AN EMPIRICAL INVESTIGATION OF DETERMINANTS OF FIRM LEVEL GROWTH EXPECTATIONS
title_fullStr	DICE THROWN FROM THE BEGINNING?: AN EMPIRICAL INVESTIGATION OF DETERMINANTS OF FIRM LEVEL GROWTH EXPECTATIONS
title_full_unstemmed	DICE THROWN FROM THE BEGINNING?: AN EMPIRICAL INVESTIGATION OF DETERMINANTS OF FIRM LEVEL GROWTH EXPECTATIONS
title_sort	dice thrown from the beginning?: an empirical investigation of determinants of firm level growth expectations
publisher	Universidad de Chile. Departamento de Economía
publishDate	2008
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862008000200003
work_keys_str_mv	AT terjesensiri dicethrownfromthebeginninganempiricalinvestigationofdeterminantsoffirmlevelgrowthexpectations AT szerblaszlo dicethrownfromthebeginninganempiricalinvestigationofdeterminantsoffirmlevelgrowthexpectations
_version_	1714205033908666368

DICE THROWN FROM THE BEGINNING?: AN EMPIRICAL INVESTIGATION OF DETERMINANTS OF FIRM LEVEL GROWTH EXPECTATIONS

Ejemplares similares