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Growth plans of small business in India: individual influences

Author

Listed:
  • Amarjit Gill
  • Suraj P. Sharma
  • Harvinder S. Mand

Abstract

Small business plays an integral role in the Indian economy. It is the second largest employer, after agriculture. This study seeks to extend the findings of Kozan et al. (2006) and Gill et al. (2011) by examining the difficulty factors and predictors of growth plans of small business in India. Small business owners from Punjab area of India were surveyed in order to gather information. Subjects were asked about their beliefs and feelings regarding their personal difficulty factors and predictors of small business growth plans (SBGP). The overall results and the findings based on cities' data analysis suggest that: 1) family-business role conflict (FBRC) and age are not the predictors of growth plans of small business 2) the small business growth intensity (SBGI), sales level (past success), family, and location act as predictors of growth plans of small business in India. The findings show that SBGI and family are the only factors that act as predictors of SBGP, and lack of expertise, FBRC, sales level (past success), and age have no impact on the growth plans of small business in the rural areas of India. This study contributes to the literature on the factors that influence growth plans of small business. The findings may be useful for the Indian Government and small business management advisors.

Suggested Citation

  • Amarjit Gill & Suraj P. Sharma & Harvinder S. Mand, 2012. "Growth plans of small business in India: individual influences," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 16(1), pages 33-47.
    • Handle: RePEc:ids:ijesbu:v:16:y:2012:i:1:p:33-47
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    Cited by:

    1. Gafurova, G. T. & Notfullina, G. N. & Fukina, S. P., 2016. "Government Procurements as a Tool for the Development of Small and Medium Business in Russia," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 2(4), pages 500-508.
    2. Gulnara Gafurova & Svetlana Fookina & Galina Notfullina, 2016. "Public Procurement as an Instrument for the Development of Small and Medium-Sized Business in Russia," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1233-1243.

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