Firm resources, dynamic capabilities, and the early growth of firms
AbstractThe early growth of firms is a dynamic process that is difficult to manage and to analyse. Accordingly methodological difficulties have been identified in many studies. This paper uses systematic cohort and longitudinal methodologies to analyse the relationship between dynamic capabilities and new firm growth. Using a panel study of 647 firms, we examine how new firm growth is related to dynamic capabilities. We found no evidence of any effect of dynamic capabilities on the growth of new firms. A longitudinal analysis of the data reveals that especially firm investments over time drive subsequent firm growth, next to growth intentions.
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Bibliographic InfoPaper provided by EIM Business and Policy Research in its series Scales Research Reports with number H201219.
Length: 16 pages
Date of creation: 28 Dec 2012
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-01-26 (All new papers)
- NEP-BEC-2013-01-26 (Business Economics)
- NEP-CSE-2013-01-26 (Economics of Strategic Management)
- NEP-ENT-2013-01-26 (Entrepreneurship)
- NEP-SBM-2013-01-26 (Small Business Management)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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