Abstract
This is the first step of the studies examining which factors differentiate growing from the non-growth firms. Four hypothesis of new firm performance will be tested with logistic regression method. Venture growth, measured by the growth of turnover, will be explained by entrepreneurial characteristics and motivation, and interaction between the firm and environment. The longitudinal study concentrates on the 86 responses, half of these responses (43) were classified as growing and the other half as non-growth firms.
Personality characteristics and environmental factors do not explain the growth but experience, training and motivation are important variables that differentiate growing ventures from non-growth firms.
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Littunen, H., Virtanen, M. Differentiating growing ventures from non-growth firms. Entrepreneurship Mgt. 2, 93–109 (2006). https://doi.org/10.1007/s11365-006-7091-x
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DOI: https://doi.org/10.1007/s11365-006-7091-x