scholarly journals Growth Intention and Growth in Small Accounting Firms

2019 ◽  
Vol 9 (2) ◽  
pp. 36
Author(s):  
Lars Kolvereid ◽  
Bjørn Willy Åmo
Keyword(s):  
Human Resources ◽  
Labor Productivity ◽  
Entrepreneurial Orientation ◽  
Firm Growth ◽  
Employment Growth ◽  
Accounting Firms

Previous research has found that owner/manager growth intention is related to subsequent firm growth, but growth intention alone only explains about 4–5% of the variance in actual firm growth. The purpose of this study is to investigate factors in addition to growth intention that may help us to explain a higher proportion of the variance in firm growth. We selected three factors for our study: Entrepreneurial orientation, versatile human resources and labor productivity. We tested the hypotheses in a sample of small Norwegian accounting firms. The findings indicate that, after controlling for growth intention, versatile human resources and labor, productivity contributed to the explanation of the variance in sales and employment growth, while entrepreneurial orientation has no such additional effect.

scholarly journals How Does Entrepreneurial Orientation Influence the Sustainable Growth of SMEs? The Role of Relative Performance

2019 ◽  
Vol 11 (19) ◽  
pp. 5178 ◽  
Author(s):  
Chiho Ok ◽  
He Soung Ahn
Keyword(s):  
Boundary Condition ◽  
Performance Feedback ◽  
Entrepreneurial Orientation ◽  
Firm Growth ◽  
Growth Patterns ◽  
Sustainable Growth ◽  
Relative Performance ◽  
Past Performance ◽  
The Relationship

The answer to the question, “Which factors determine the sustainable growth of small- and medium-sized enterprises (SMEs)?” is still fragmented. While previous studies have paid attention to a firm’s entrepreneurial orientation (EO) as a key driver of SME growth, it is often overlooked that contextual factors can be crucial in order for EO to be effective in yielding sustainable growth in SMEs. This paper focuses on the role of relative performance as a boundary condition in the relationship between EO and sustainable growth of SMEs. We predict that the effect of EO on SMEs’ sustainable growth would differ depending on performance feedback based on their past performance. Our empirical analysis based on panel analysis shows that SMEs strongly pursue sales growth immediately after they achieve lower levels of performance than historical aspiration. However, when their performance goes beyond the historical aspiration level, their growth patterns appear to show a different pattern depending on their level of EO. SMEs with greater EO are more likely to pursue firm growth when performance is above historical aspirations while those with lesser EO are not. Our findings suggest that relative performance is an important boundary condition in the relationship between EO and SMEs’ sustainable growth.

Internationalization of SMEs: a research note

2002 ◽  
Vol 9 (1) ◽  
pp. 38-48 ◽  
Author(s):  
Paul Westhead ◽  
Martin Binks ◽  
Deniz Ucbasaran ◽  
Mike Wright
Keyword(s):  
Environmental Variables ◽  
Firm Growth ◽  
Employment Growth ◽  
Telephone Survey ◽  
Multivariate Statistical ◽  
Activity Data ◽  
Performance Variables ◽  
Statistical Framework ◽  
Profit Performance ◽  
Survey Responses

In 1990/91, survey responses were gathered from 621 independent businesses located in Great Britain. A follow‐on telephone survey was conducted with 150 surviving firms in 1997. This survey gathered information surrounding the propensity of firms to export their goods or services abroad as well as other performance and goal outcomes. Organizational and external environmental variables collected in 1990 are used to explain within a multivariate statistical framework the propensity of a firm to be an exporter in 1997, and the intensity of internationalization activity. Data collected in 1990 is also used to explain variations in several performance variables (i.e. whether exporting was regarded as a path to firm growth; profit performance reported in 1997 relative to competition; and the propensity to report employment growth over the 1990 to 1997 period).

Promoting SMEs and Enhancing Labor Productivity in Singapore: A Policy Analysis

2014 ◽  
Vol 05 (03) ◽  
pp. 1440012
Author(s):  
Khee Giap Tan ◽  
Yan Yi Tan
Keyword(s):  
Labor Productivity ◽  
Employment Growth ◽  
Small And Medium Enterprises ◽  
Gdp Growth ◽  
Challenges And Opportunities ◽  
Potential Gdp ◽  
Per Capita ◽  
Cross Country ◽  
Medium Enterprises ◽  
Performance Challenges

While Singapore has been doing well in terms of cross-country per capita income comparisons and in terms of overall employment growth, it has been a laggard when it comes to labor productivity and this concern is more serious for small and medium enterprises (SMEs). In this context, this paper first identifies the sources of gross domestic product (GDP) growth and simulates different scenarios pertaining to the potential GDP which the economy can achieve given the level of required productivity based on some employment-growth assumptions. Further, the paper reevaluates the performance, challenges and opportunities for SMEs as well as suggests several policy strategies as to how SMEs can synergize and be more competitive moving forward.

Health sector employment growth calls for improvements in labor productivity

Health Policy ◽  
2016 ◽  
Vol 120 (8) ◽  
pp. 894-902 ◽  
Author(s):  
Maria M. Hofmarcher ◽  
Eva Festl ◽  
Leslie Bishop-Tarver
Keyword(s):  
Labor Productivity ◽  
Employment Growth ◽  
Health Sector

scholarly journals Financing Constraints and Firm Growth in Emerging Europe

2016 ◽  
Vol 11 (1) ◽  
pp. 18-40 ◽  
Author(s):  
Sandra M. Leitner
Keyword(s):  
Firm Growth ◽  
Employment Growth ◽  
Institutional Environment ◽  
Financing Constraints ◽  
Firm Characteristics ◽  
Catching Up ◽  
Balkan Countries ◽  
Different Types ◽  
Before And After ◽  
Shed Light

AbstractThe paper aims to shed light on the effects of different types of financing constraints on firm sales and employment growth in Emerging Europe before and after the onset of the financial crisis. It analyzes the group of emerging NMS-10 economies (plus Turkey) and the group of economically and financially lagging Western Balkan countries. The paper demonstrates that financing constraints significantly obstruct firm growth, particularly in the Western Balkan countries, which calls for policy intervention to ensure swifter job-rich growth and catching-up with the rest of Europe. It also emphasizes that particular firm characteristics are essential for growth in Emerging Europe and demonstrates that exporting only and innovating are recipes for faster firm growth, while importing only and a high foreign ownership share seriously retard firm growth. Finally, it stresses the importance of the particular institutional environment for firms to thrive.

scholarly journals The Restructuring of the European Pharmaceutical Industry between 2000 and 2018

2021 ◽  
Vol 24 (2) ◽  
pp. 103-118
Author(s):  
Benedek Nagy
Keyword(s):  
Pharmaceutical Industry ◽  
Labor Productivity ◽  
Employment Growth ◽  
Temporal Dynamics ◽  
Value Added ◽  
High Tech ◽  
Productivity Change ◽  
The European Union ◽  
A Value ◽  
Knowledge Intensive

To meet the requirements of global competition, the European Union (EU) places particular emphasis on the development of knowledge‑intensive, innovative industries. The pharmaceutical industry, as a high‑tech manufacturing subsection, has a long tradition in Europe. However, the distribution of pharmaceutical industry employment and value added is not even within the Union, and its temporal dynamics is also different. In the present paper, I examine the change of the structure of the pharmaceutical industry within the Union using country groups. I compare the development of pharmaceutical industry employment in the period between 2000 and 2018 in three country groups. I use a simple decomposition method to separate the effects of sector growth and labor productivity change on the change of pharmaceutical employment to find out how similarly this industry evolved in the different country groups. The analysis shows that while in the 12 original, i.e., pre–2004, member states (Core EU), employment slightly increased alongside a considerable increase in value added, the nine post‑socialist countries (PS9) achieved slightly greater value added expansion combined with substantial employment growth. Meanwhile, the four Visegrád countries (V4) achieved a value added growth similar to the PS9, but an even greater employment growth. This indicates that the part of the pharmaceutical industry operating with higher labor productivity is concentrating in the Core EU countries, while in the less developed post‑socialist countries, the part of the pharmaceutical industry with lower labor productivity is developing.

scholarly journals Human Capital Management In The System Of Public Administration In The Context of COVID-19 Pandemic

2021 ◽  
Vol 12 (1Sup1) ◽  
pp. 346-355
Author(s):  
Svitlana Rodchenko ◽  
Tetiana Bielska ◽  
Tetiana Brus ◽  
Yuriy Naplyokov ◽  
Olena Trevoho
Keyword(s):  
Human Capital ◽  
Human Resources ◽  
Performance Management ◽  
Public Administration ◽  
Employee Engagement ◽  
Labor Productivity ◽  
Human Potential ◽  
Capital Management ◽  
Human Capital Management ◽  
New Perspective

The article reveals the issues of interdependence of the development of human capital in public administration on the level of its provision by the state in the context of COVID-19. In a democratic, civil, postmodern society, one of the main tasks is the development of systems for managing the efficiency of human capital in the context of public administration, as a means of obtaining higher levels of labor productivity. Today we have to state that the achievement of this efficiency in the use of human resources can be better achieved by orienting the performance management system to promote the attraction of new human potential in public administration at all levels. In this context, a new approach to the human capital management process is being actualized, which includes employee engagement and key factors of employee engagement at every stage. We are talking about a management model that includes the main ideas and offers a new perspective on how to develop and manage the involvement of human resources to achieve high levels of labor productivity in public administration in the context of COVID-19. The purpose of the article is to study the essence, characteristics and role of human capital in the context of public administration in the context of the existence of the epidemic danger of COVID-19

scholarly journals Sustaining the Entrepreneurship in Rural Tourism Development

2017 ◽  
Vol 4 (6) ◽  
pp. 31
Author(s):  
Norhafiza Md Sharif ◽  
Ku ‘Azam Tuan Lonik
Keyword(s):  
Human Resources ◽  
Employment Growth ◽  
Local Development ◽  
Tourism Development ◽  
Local Communities ◽  
Living Standards ◽  
Rural Tourism ◽  
Human Resources Development ◽  
Tourism Potential ◽  
Entrepreneurial Activities

Entrepreneurs play an important role in sustaining rural tourism and formulation of sustainable strategies being the initiators of the tourism business and the engine of the local development. Therefore, it is necessary to stimulate the development of entrepreneurial activities for the recovery of rural tourism potential and regional traditions, maintaining local employment growth and increase living standards in line with identifies needs and priorities of regional human resources development. This article aims to discuss the involvement of local communities in development of rural tourism entrepreneurship as well as addressing the issue of entrepreneurship in rural tourism.

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