English, Article, Journal or magazine article edition: Linking Entrepreneurial Strategy and Firm Growth J. BRUNEEL; B. CLARYSSE; M. WRIGHT

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Bookmark: http://trove.nla.gov.au/version/22166
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Linking Entrepreneurial Strategy and Firm Growth
Author
  • J. BRUNEEL
  • B. CLARYSSE
  • M. WRIGHT
Physical Description
  • preprint
Notes
  • The growth of young, technology-based firms has received considerable attention in the literature given their importance for the generation and creation of economic wealth. Taking a strategic management perspective, we link the entrepreneurial strategy deployed by young, technology-based firms with firm growth. In line with recent research, we consider both revenue and employment growth as they reflect different underlying value creation processes. Using a unique European dataset of research-based spin-offs, we find that firms emphasizing a product and hybrid strategy are positively associated with growth in revenues. The latter strategy also has a positive influence on the creation of additional employment. Contrary to expectation, however, we find that firms pursuing a technology strategy do not grow fast in employment. Our study sheds new light on the relationship between entrepreneurial strategy and firm growth in revenues and employment.
  • RePEc:rug:rugwps:09/​571
Language
  • English
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