A QUALITATIVE STUDY OF THE MANAGEMENT PRACTICES OF RAPID-GROWTH ENTREPRENEURIAL FIRMS
Although practitioner magazines like Fortune and Inc. often write about rapid-growth firms, very little academic research has focused on this topic. To build theory in this area, this study developed theoretical models of the management practices that typify a sample of rapid-growth and slower-growt...
Saved in:
Published in | Journal of business & entrepreneurship Vol. 9; no. 2; p. 21 |
---|---|
Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Durant
Association for Small Business and Entrepreneurship
01.10.1997
|
Subjects | |
Online Access | Get full text |
Cover
Loading…
Summary: | Although practitioner magazines like Fortune and Inc. often write about rapid-growth firms, very little academic research has focused on this topic. To build theory in this area, this study developed theoretical models of the management practices that typify a sample of rapid-growth and slower-growth entrepreneurial firms. The results of the study indicated that rapid-growth and slower-growth firms differ. Rapid-growth firms tend to organize for the purpose of filling an unfilled need and place a special emphasis on strategic alliances, incentive compensation, and planning. Slower-growth firms tend to organize for the purpose of filling a market niche and place a special emphasis on quality, goal setting, and noncash forms of employee recognition. [PUBLICATION ABSTRACT] |
---|---|
ISSN: | 1042-6337 |