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What do they think and feel about growth? Examining small business managers’ attitudes towards growth in the United States

McKelvie, Alexander ; Brattström, Anna LU and Dennis, Jr., William (2021) In Journal of Business Venturing Insights 15.
Abstract
We replicate the Wiklund et al. (2003) study examining the attitudes towards growth of small business managers. We generalize and extend that study in three important ways: we focus on a different context (United States instead of Sweden), where the conditions and consequences for growth are different, we provide an additional predictor variable – behavioral control – in line with Ajzen’s theory of planned behavior, and with a slightly modified dependent variable. The principal finding is that the strongest perceived consequence affecting attitudes towards growth among U.S.-based small business managers is the ability to increase income and other financial benefits. Change in employee well-being and change in dependence on outside... (More)
We replicate the Wiklund et al. (2003) study examining the attitudes towards growth of small business managers. We generalize and extend that study in three important ways: we focus on a different context (United States instead of Sweden), where the conditions and consequences for growth are different, we provide an additional predictor variable – behavioral control – in line with Ajzen’s theory of planned behavior, and with a slightly modified dependent variable. The principal finding is that the strongest perceived consequence affecting attitudes towards growth among U.S.-based small business managers is the ability to increase income and other financial benefits. Change in employee well-being and change in dependence on outside stakeholders also ranked relatively high among eight potential growth consequences. The Wiklund et al. (2003) Swedish study finds, in contrast, that non-economic consequences are the strongest predictor of attitudes towards growth. We attribute these attitudinal differences to variations in institutional context, suggesting that policy and cultural norms are likely to underlie growth motivation. We also find that U.S.-based small business managers are likely to be influenced by the perception that growth is a “realistic” endeavor. (Less)
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author
; and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Growth, Growth motivation, Attitudes, Replication, Planned behavior, Context
in
Journal of Business Venturing Insights
volume
15
article number
e00243
publisher
Elsevier
external identifiers
  • scopus:85104108887
ISSN
2352-6734
DOI
10.1016/j.jbvi.2021.e00243
language
English
LU publication?
yes
id
7542eb75-3d3b-4f20-8435-d4908493a015
date added to LUP
2021-04-13 11:48:42
date last changed
2022-04-27 01:25:37
@article{7542eb75-3d3b-4f20-8435-d4908493a015,
  abstract     = {{We replicate the Wiklund et al. (2003) study examining the attitudes towards growth of small business managers. We generalize and extend that study in three important ways: we focus on a different context (United States instead of Sweden), where the conditions and consequences for growth are different, we provide an additional predictor variable – behavioral control – in line with Ajzen’s theory of planned behavior, and with a slightly modified dependent variable. The principal finding is that the strongest perceived consequence affecting attitudes towards growth among U.S.-based small business managers is the ability to increase income and other financial benefits. Change in employee well-being and change in dependence on outside stakeholders also ranked relatively high among eight potential growth consequences. The Wiklund et al. (2003) Swedish study finds, in contrast, that non-economic consequences are the strongest predictor of attitudes towards growth. We attribute these attitudinal differences to variations in institutional context, suggesting that policy and cultural norms are likely to underlie growth motivation. We also find that U.S.-based small business managers are likely to be influenced by the perception that growth is a “realistic” endeavor.}},
  author       = {{McKelvie, Alexander and Brattström, Anna and Dennis, Jr., William}},
  issn         = {{2352-6734}},
  keywords     = {{Growth; Growth motivation; Attitudes; Replication; Planned behavior; Context}},
  language     = {{eng}},
  month        = {{06}},
  publisher    = {{Elsevier}},
  series       = {{Journal of Business Venturing Insights}},
  title        = {{What do they think and feel about growth? Examining small business managers’ attitudes towards growth in the United States}},
  url          = {{http://dx.doi.org/10.1016/j.jbvi.2021.e00243}},
  doi          = {{10.1016/j.jbvi.2021.e00243}},
  volume       = {{15}},
  year         = {{2021}},
}