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Growth Intentions And Actual Growth: The Impact Of Entrepreneurial Choice

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  • LARS KOLVEREID

    (Bodø Graduate School of Business, Norway)

  • ERLEND BULLVAG

    (Bodø Graduate School of Business, Norway)

Abstract

Acknowledgements: We would like to thank the Norwegian Royal Ministry of Industry and the Bodø Graduate School of Business for the financial support that made this research possible. We would also like to thank the Society of Associated Researchers in Entrepreneurship under whose auspices the data for this study was collected. An earlier version of this paper was presented at the 3rd Annual Global Entrepreneurship Conference, Lyon, France, March 1993.The present research investigated: (1) the relationship between entrepreneurs’ growth intentions and actual firm growth, (2) the stability of growth intentions, and (3) the relationship between changes in intentions and actual firm growth. Using a longitudinal design, data were collected from Norwegian entrepreneurs for 1990 and 1992. The results indicate that growth intentions may be used to predict actual growth, that past intentions are related to later intentions, and that changes in growth intentions are associated with changes in growth patterns.

Suggested Citation

  • Lars Kolvereid & Erlend Bullvag, 1996. "Growth Intentions And Actual Growth: The Impact Of Entrepreneurial Choice," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1-17.
    • Handle: RePEc:wsi:jecxxx:v:04:y:1996:i:01:n:s0218495896000022
    DOI: 10.1142/S0218495896000022
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    Cited by:

    1. Tarja Niemelä, 2015. "Farm Entrepreneurs’ Intentions to Develop Pluriactive Business Activities in Finland," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 11(3), pages 117-141.
    2. Tarja Niemelä & Reija Häkkinen, 2014. "The Role of Pluriactivity for Continuity and Survival in Family Farm Firms," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 10(4), pages 7-43.
    3. Adnan Efendic & Tomasz Marek Mickiewicz & Anna Rebmann, 2013. "Growth Aspirations and Social Capital: Young Firms in a Post-Conflict Environment," UCL SSEES Economics and Business working paper series 122, UCL School of Slavonic and East European Studies (SSEES).
    4. Nardo Vries & Werner Liebregts & André Stel, 2020. "Explaining entrepreneurial performance of solo self-employed from a motivational perspective," Small Business Economics, Springer, vol. 55(2), pages 447-460, August.
    5. Bilandžić Ana & Marina Jeger & Šarlija Nataša, 2016. "Dealing with Interpretability Issues in Predicting Firm Growth: Factor Analysis Approach," Business Systems Research, Sciendo, vol. 7(2), pages 23-34, September.
    6. Jolanda Hessels & Marco Gelderen & Roy Thurik, 2008. "Entrepreneurial aspirations, motivations, and their drivers," Small Business Economics, Springer, vol. 31(3), pages 323-339, October.
    7. Salustiano Martínez‐Fierro & José María Biedma‐Ferrer & José Ruiz‐Navarro, 2020. "Impact of high‐growth start‐ups on entrepreneurial environment based on the level of national economic development," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1007-1020, March.
    8. Jay Mitra & Asma Basit, 2021. "Personal networks and growth aspirations: a case study of second-generation, Muslim, female entrepreneurs," Small Business Economics, Springer, vol. 56(1), pages 121-143, January.
    9. Estrin, Saul & Korosteleva, Julia & Mickiewicz, Tomasz, 2013. "Which institutions encourage entrepreneurial growth aspirations?," Journal of Business Venturing, Elsevier, vol. 28(4), pages 564-580.
    10. Mohd Hizam Hanafiah, & Sheikh Usman Yousaf, & Bushra Usman,, 2017. "The influence of psychological capital on the growth intentions of entrepreneurs: A study on Malaysian SME entrepreneurs," Business and Economic Horizons (BEH), Prague Development Center, vol. 13(5), pages 556-569, December.
    11. Frédéric Delmar & Johan Wiklund, 2008. "The Effect of Small Business Managers’ Growth Motivation on Firm Growth: A Longitudinal Study," Entrepreneurship Theory and Practice, , vol. 32(3), pages 437-457, May.
    12. Šarlija, Nataša & Bilandžić, Ana, 2018. "Does Innovation Matter for SMEs' growth in Croatia?," 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disruptive Change (Dubrovnik, 2018), in: 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disrupt, pages 356-375, Governance Research and Development Centre (CIRU), Zagreb.
    13. Johanna Vanderstraeten & Ellen Loots & Anais Hamelin & Arjen van Witteloostuijn, 2020. "Micro-foundations of small business internationalization: introduction to the Special Section," Post-Print hal-03015594, HAL.
    14. Raquel Puente & María Antonia Cervilla & Carlos Giovanni González & Nunzia Auletta, 2017. "Determinants of the growth aspiration: a quantitative study of Venezuelan entrepreneurs," Small Business Economics, Springer, vol. 48(3), pages 699-726, March.
    15. Jan Ole Rypestøl, 2017. "Regional industrial path development: The role of new entrepreneurial firms," Journal of Innovation and Entrepreneurship, Springer, vol. 6(1), pages 1-19, December.
    16. Joensuu-Salo, Sanna & Viljamaa, Anmari & Varamäki, Elina, 2019. "The Impact of Continuity Outlook and Development Activities on Growth Intentions," 7th International OFEL Conference on Governance, Management and Entrepreneurship: Embracing Diversity in Organisations (Dubrovnik, 2019), in: 7th International OFEL Conference on Governance, Management and Entrepreneurship: Embracing Diversity in Organisations. April 5th - 6th, 2019, Dubrovn, pages 388-399, Governance Research and Development Centre (CIRU), Zagreb.
    17. Souza, Ricardo Rodrigues de & Seifert, Rene Eugenio, 2018. "Understanding the Alternative of Not Growing for Small Mature Businesses," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 29(4), pages 333-348.
    18. Šarlija Nataša & Šimić Sanja & Đanković Biljana, 2023. "What is the Relationship Between Sales Growth and Insolvency Risk?," Naše gospodarstvo/Our economy, Sciendo, vol. 69(3), pages 1-11, September.
    19. Shahjahan Sarfraz Raja & Valliappan Raju & Muhammad Husnain & Sania Sarfraz & Fozia Malik & Shahnawaz Sarfraz Raja, 2022. "Framework for Sustainable Rural Development through Entrepreneurial Initiatives in Emerging Economies," Sustainability, MDPI, vol. 14(19), pages 1-32, September.
    20. Catherine Thevenard-Puthod & Christian Picard, 2015. "Diversité des stratégies de croissance de l'entreprise artisanale et profil du dirigeant," Post-Print hal-01548383, HAL.
    21. Ioannis Giotopoulos & Alexandra Kontolaimou & Aggelos Tsakanikas, 2017. "Drivers of high-quality entrepreneurship: what changes did the crisis bring about?," Small Business Economics, Springer, vol. 48(4), pages 913-930, April.
    22. Lucio Fuentelsaz & Consuelo González & Juan P. Maícas, 2021. "High-growth aspiration entrepreneurship and exit: the contingent role of market-supporting institutions," Small Business Economics, Springer, vol. 57(1), pages 473-492, June.
    23. Jayaram, Jayanth & Dixit, Mita & Motwani, Jaideep, 2014. "Supply chain management capability of small and medium sized family businesses in India: A multiple case study approach," International Journal of Production Economics, Elsevier, vol. 147(PB), pages 472-485.
    24. José Pedro Carreón-Gutiérrez & José Manuel Saiz-Álvarez, 2019. "Opportunity Motivation and Growth Aspirations of Mexican Entrepreneurs: The Moderating Role of the Household Income," Sustainability, MDPI, vol. 11(22), pages 1-15, November.
    25. Johan Wiklund & Per Davidsson & Frédéric Delmar, 2003. "What Do They Think and Feel about Growth? An Expectancy–Value Approach to Small Business Managers’ Attitudes toward Growth1," Entrepreneurship Theory and Practice, , vol. 27(3), pages 247-270, July.

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