| Tekijä: | Hamilton, R. T. Lawrence, L. |
| Otsikko: | Explaining Size Differences in Smaller Firms |
| Lehti: | International small business journal
2001 : JAN-MAR, VOL. 19:2, p. 49-60 |
| Asiasana: | SMALL BUSINESS MARKET INFORMATION GROWTH |
| Kieli: | eng |
| Tiivistelmä: | The purpose of this paper is to contribute some New Zealand evidence to our understanding of two important facets of small business research. The first of these is the explanation of the marked size differences that develop over time in cohorts of small firms of the same age. This was the main focus of the study reported here. Second, the paper traces the implications of increased size for the management structure adopted by small firms. Two cohorts of small firms of different ages were employed and the work derives its main findings form a multivariate analysis of employment size differences in each cohort. However, in making this leap from size to growth it must be borne in mind that the authors have only cross-section data and cannot take into account the particular growth paths followed by individual firms. |
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