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How young firms achieve growth : reconciling the roles of growth motivation and innovative activities

McKelvie, Alexander; Brattström, Anna LU and Wennberg, Karl (2017) In Small Business Economics 49(2). p.273-279
Abstract
Growth orientation is important for understanding why some young firms grow but not others, but research remains silent on the intermediary mechanisms mediating the growth orientation–firm growth relationship. We study 282 Swedish firms and show that various innovative activities mediate the growth orientation–firm growth relationship. These mediating innovative activities include informal activities and the launch of new products, but not formal R&D. Our findings offer a more complete explanation for how growth orientation translates into realized growth, serving to reconcile empirical inconsistencies about the relationship between innovation and young firm growth.
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Growth , growth orientation, young firms, R&D
in
Small Business Economics
volume
49
issue
2
pages
273 - 279
publisher
Springer
external identifiers
  • scopus:85014645480
ISSN
0921-898X
language
English
LU publication?
yes
id
2dd5b9c2-e31b-4c04-92f5-9cb9151d55c1
alternative location
http://link.springer.com/article/10.1007/s11187-017-9847-9
date added to LUP
2017-09-05 15:12:44
date last changed
2018-05-20 04:37:09
@article{2dd5b9c2-e31b-4c04-92f5-9cb9151d55c1,
  abstract     = {Growth orientation is important for understanding why some young firms grow but not others, but research remains silent on the intermediary mechanisms mediating the growth orientation–firm growth relationship. We study 282 Swedish firms and show that various innovative activities mediate the growth orientation–firm growth relationship. These mediating innovative activities include informal activities and the launch of new products, but not formal R&D. Our findings offer a more complete explanation for how growth orientation translates into realized growth, serving to reconcile empirical inconsistencies about the relationship between innovation and young firm growth.},
  author       = {McKelvie, Alexander and Brattström, Anna and Wennberg, Karl},
  issn         = {0921-898X},
  keyword      = {Growth ,growth orientation,young firms,R&D},
  language     = {eng},
  number       = {2},
  pages        = {273--279},
  publisher    = {Springer},
  series       = {Small Business Economics},
  title        = {How young firms achieve growth : reconciling the roles of growth motivation and innovative activities},
  volume       = {49},
  year         = {2017},
}