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| Tekijä: | Kangasharju, A. |
| Otsikko: | Growth of the Smallest: Determinants of Small Firm Growth During Strong Macroeconomic Fluctuations |
| Lehti: | International small business journal
2000 : OCT-DEC, VOL. 19:1, p. 28-43 |
| Asiasana: | GROWTH SMALL BUSINESS MACROECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | This paper has two main objectives. The first one deals with internal, and the second external, growth factors. The first objective is to seek for statistical evidence as to whether differences in the owner-manager characteristics result in differences in firm performance. It is presupposed that the smaller the firm, the more the owner-manager personifies the internal factors, since in larger firms it is harder to out the effects of one person on the success of the firm. The second main objective of the paper is to investigate the effects of external factors on firm growth. Firstly, it is hypothesised that there are differences in growth probability between firms in different industries, due to the different growth rates of industries. In other words, firm growth probability is partly determined by a factor that is external particularly to small firms. |
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