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Dealing with Interpretability Issues in Predicting Firm Growth: Factor Analysis Approach

Author

Listed:
  • Bilandžić Ana
  • Marina Jeger
  • Šarlija Nataša

    (Faculty of Economics in Osijek, J.J. Strossmayer University of Osijek, Croatia)

Abstract

Background: Alongside the theoretical progress made in understanding the factors that influence firm growth, many methodological challenges are yet to be overcome. Authors point to the notion of interpretability of growth prediction models as an important prerequisite for further advancement of the field as well as enhancement of models’ practical values.

Suggested Citation

  • 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.
  • Handle: RePEc:bit:bsrysr:v:7:y:2016:i:2:p:23-34
    DOI: 10.1515/bsrj-2016-0010
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    References listed on IDEAS

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    1. Henrekson, Magnus & Johansson, Dan, 1999. "Institutional Effects on the Evolution of the Size Distribution of Firms," Small Business Economics, Springer, vol. 12(1), pages 11-23, February.
    2. 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.
    3. Barringer, Bruce R. & Jones, Foard F. & Neubaum, Donald O., 2005. "A quantitative content analysis of the characteristics of rapid-growth firms and their founders," Journal of Business Venturing, Elsevier, vol. 20(5), pages 663-687, September.
    4. Gabriele Sampagnaro, 2013. "Predicting rapid-growth SMEs through a reversal of credit-scoring principles," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 18(3), pages 313-331.
    5. Piergiuseppe Morone & Giuseppina Testa, 2008. "Firms Growth, Size And Innovation An Investigation Into The Italian Manufacturing Sector," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 17(4), pages 311-329.
    6. Miroslav Mateev & Yanko Anastasov, 2010. "Determinants of small and medium sized fast growing enterprises in central and eastern Europe: a panel data analysis," Financial Theory and Practice, Institute of Public Finance, vol. 34(3), pages 269-295.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    factor analysis; logistic regression; interpretability; growth prediction model;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis

    Statistics

    Access and download statistics

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