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| Author: | Jennings, P. Beaver, G. |
| Title: | The performance and competitive advantage of small firms: a management perspective |
| Journal: | International Small Business Journal
1997 : VOL. 15:2, p. 63-75 |
| Index terms: | INTERNATIONAL SMALL BUSINESS MANAGEMENT |
| Language: | eng |
| Abstract: | Superior performance and competitive advantage in the smaller firm is invariably equated with successful business development culminating in exceptional return on investment and growth in turnover, volume, profit and employment. However, the 1971 Bolton report explicitly highlighted the "fervently guarded sense of independence" which is seen to be a prime motivator for many small business owner-managers. Contrary to popular belief, and a great deal of economic theory, money and the pursuit of a personal financial fortune are not as significant as the desire for personal involvement. |
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