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Growth and growth intentions: a meta-analysis of existing evidence

Author

Listed:
  • Jonathan Levie

    (Strathclyde Business School)

  • Erkko Autio

    (Imperial College Business School)

Abstract

This white paper summarises what we know about the connection between entrepreneurs’ growth intentions and realised enterprise growth. It addresses the following questions: How strong is the association between entrepreneurial growth intentions and subsequent performance? What affects entrepreneurial growth intentions at the individual level and national level, and how big are these effects? What can be done to raise entrepreneurial growth intentions in the UK? What further research needs to be done in this area? To address the first question, we conducted a meta-analysis of 13 longitudinal studies that obtained growth ambition, aspiration, intention or willingness perceptions from business owners and at a later point measured actual growth, and which provided correlations that could be used for comparison. To answer the second question, we conducted a meta-analysis of 39 studies of associations between growth intentions and individual or business level characteristics at the individual level, and five studies at the country level. Findings confirm the importance of growth intentions as directly affecting subsequent growth.

Suggested Citation

  • Jonathan Levie & Erkko Autio, 2013. "Growth and growth intentions: a meta-analysis of existing evidence," White Papers 0001, Enterprise Research Centre.
    • Handle: RePEc:enr:wpaper:0001
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    File URL: http://enterpriseresearch.ac.uk/wp-content/uploads/2013/12/ERC-White-Paper-No_1-Growth-final.pdf
    File Function: First version, 2013
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    Citations

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    Cited by:

    1. Ferrando-Latorre, Sandra & Velilla, Jorge, 2018. "La transmisión intergeneracional de la actividad emprendedora en las familias españolas [Intergeneration transmissions of the entrepreneurial activity in Spanish households]," MPRA Paper 83573, University Library of Munich, Germany.
    2. Sandra Ferrando-Latorre & Jorge Velilla & Raquel Ortega, 2019. "Intergenerational Transmission of Entrepreneurial Activity in Spanish Families," Journal of Family and Economic Issues, Springer, vol. 40(3), pages 390-407, September.
    3. Velilla, Jorge & Molina, José Alberto & Ortega, Raquel, 2020. "Entrepreneurship among Low-, Mid- and High-Income Workers in South America: A Fuzzy-Set Analysis," IZA Discussion Papers 13209, Institute of Labor Economics (IZA).
    4. Jorge, Velilla, 2017. "Feminization of entrepreneurship in developing countries? Evidence from GEM data," MPRA Paper 79997, University Library of Munich, Germany.
    5. Molina, Jose Alberto & Ortega, Raquel & Velilla, Jorge, 2017. "Older entrepreneurs-by-necessity using fuzzy set methods: differences between developed and developing countries," MPRA Paper 76982, University Library of Munich, Germany.
    6. Velilla, Jorge & Molina, José Alberto & Ortega, Raquel, 2018. "Why older workers become entrepreneurs? International evidence using fuzzy set methods," The Journal of the Economics of Ageing, Elsevier, vol. 12(C), pages 88-95.
    7. Velilla, Jorge, 2021. "Regional and national results on entrepreneurship using GEM data," MPRA Paper 110323, University Library of Munich, Germany.
    8. Molina, Jose Alberto & Velilla, Jorge & Ortega, Raquel, 2016. "Entrepreneurial activity in the OECD: Pooled and cross-country evidence," MPRA Paper 71592, University Library of Munich, Germany.
    9. 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.
    10. Saul Estrin & Julia Korosteleva & Tomasz Mickiewicz, 2022. "Schumpeterian Entry: Innovation, Exporting, and Growth Aspirations of Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 46(2), pages 269-296, March.
    11. Giménez-Nadal, José Ignacio & Molina, José Alberto & Velilla, Jorge, 2022. "Intergenerational correlation of self-employment in Western Europe," Economic Modelling, Elsevier, vol. 108(C).
    12. Gascón Salillas, Patricia, 2020. "La actividad emprendedora: Análisis transversal en la Comunidad Foral de Navarra [Entrepreneurship activity: Cross-sectional analysis in the Region of Navarra]," MPRA Paper 99386, University Library of Munich, Germany.
    13. Jose Ignacio Gimenez-Nadal & Miguel Lafuente & Jose Alberto Molina & Jorge Velilla, 2019. "Resampling and bootstrap algorithms to assess the relevance of variables: applications to cross section entrepreneurship data," Empirical Economics, Springer, vol. 56(1), pages 233-267, January.
    14. Velilla, Jorge, 2018. "The entrepreneurial activity using GEM data: evidence for Spain (national and regional) and for Europe," MPRA Paper 85568, University Library of Munich, Germany.
    15. Gutiérrez, Antonio & Velilla, Jorge, 2022. "La transmisión intergeneracional en el autoempleo: El efecto de la situación financiera familiar [The effect of family financial status on intergenerational transmission of self-employment]," MPRA Paper 113619, University Library of Munich, Germany.
    16. Joan-Lluís Capelleras & Ignacio Contin-Pilart & Martin Larraza-Kintana & Victor Martin-Sanchez, 2019. "Entrepreneurs’ human capital and growth aspirations: the moderating role of regional entrepreneurial culture," Small Business Economics, Springer, vol. 52(1), pages 3-25, January.
    17. Reazul Islam & Rubi Ahmad, 2020. "Applicability of Mudarabah and Musharakah as Islamic Micro-equity Finance to Underprivileged Women in Malaysia," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(1), pages 176-197, January.
    18. J. Ignacio, Giménez-Nadal & Jose Alberto, Molina & Jorge, Velilla, 2017. "Leisure and effort at work: incorporating self-employment into urban markets," MPRA Paper 77972, University Library of Munich, Germany.
    19. JIMOH, Tajudeen Adisa & ADEBAYO, Adewale Bashir, 2021. "Motivation for Entrepreneurial Engagement among Youths in Ogun State: Push and Pull Factors Analysis," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(12), pages 534-540, December.
    20. Gimenez-Nadal, José Ignacio & Molina, José Alberto & Velilla, Jorge, 2020. "Short- vs Long-Term Intergenerational Correlations of Employment and Self-Employment in Europe," IZA Discussion Papers 12933, Institute of Labor Economics (IZA).
    21. Gimenez-Nadal, José Ignacio & Lafuente, Miguel & Molina, José Alberto & Velilla, Jorge, 2016. "Resampling and Bootstrap to Assess the Relevance of Variables: A New Algorithmic Approach with Applications to Entrepreneurship Data," IZA Discussion Papers 9938, Institute of Labor Economics (IZA).
    22. Xie, Zhimin & Wang, Xia & Xie, Lingmin & Duan, Kaifeng, 2021. "Entrepreneurial ecosystem and the quality and quantity of regional entrepreneurship: A configurational approach," Journal of Business Research, Elsevier, vol. 128(C), pages 499-509.

    More about this item

    Keywords

    growth intentions; realised growth; meta-analysis;
    All these keywords.

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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