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High Growth Enterprises:The Role of Founder Characteristics and Venture Policies

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  • Mathew J Manimala

Abstract

The phenomenon of enterprise growth is more a function of the nature of the entrepreneurial person and the policies and strategies adopted by a venture rather than the economic and environmental factors such as profitability or industry growth. This book focuses on the role of founder characteristics and venture policies in promoting enterprise-growth, with special focus on High Growth Enterprises. The research reported in this book is triggered by the that almost 95% of business start-ups either get closed down or stagnate, with only about 5% taking to a growth path, even though many more of them are profitable. The study presented in the book investigates the relationships between enterprise growth and venture policies as well as entrepreneurial characteristics such as the traits, motives and background of entrepreneurs. It also identifies the general entrepreneurial characteristics and points to the need for reviewing/redefining some of the concepts traditionally associated with entrepreneurship, such as achievement motive, power motive, desire for independence, risk-taking ability, support and encouragement, etc.

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Suggested Citation

  • Mathew J Manimala, 2022. "High Growth Enterprises:The Role of Founder Characteristics and Venture Policies," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 13115.
    • Handle: RePEc:wsi:wsbook:13115
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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/13115
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    Book Chapters

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    Keywords

    Enterprise Growth; High-Growth Ventures/Enterprises; Low-Growth Ventures/Enterprises; Growth-Unwillingness; Theories of Small-Firm Growth; Stages of Small-Firm Growth; Growth Strategies; Growth-Venture Characteristics; General Entrepreneurial Characteristics; Traits of Entrepreneurial Individuals; Motives of Entrepreneurial Individuals; Background of Entrepreneurial Individuals; Achievement Motive; Power Motive; Affiliation Motive; Deontic Motive; Risk-Taking Ability; Diversification Strategies; Emergence of Growth-Ventures: Model;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm

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