Targeting for Growth: A Critical Examination

2012 ◽  
Vol 13 (1) ◽  
pp. 45-55 ◽  
Author(s):  
David Smallbone ◽  
Claire Massey
Keyword(s):  
New Zealand ◽  
Empirical Analysis ◽  
High Growth ◽  
Critical Examination ◽  
Policy Makers ◽  
Self Selection ◽  
Growth Firms ◽  
Profile Characteristics ◽  
And Training

The targeting debate has been around for more than 20 years, and yet we are still discussing how best to identify high-growth SMEs. Following a discussion of targeting issues and a review of some of the key literature on SME growth, the paper focuses on an empirical analysis of the performance of a panel of SMEs in New Zealand over a three-year period. The results show that, even when growth occurs in SMEs, it is typically discontinuous. In addition, most of the easily verifiable profile characteristics that are often used for targeting, such as size, sector, age, whether or not the firm is exporting and/or innovating, did not consistently distinguish growth firms from others. Possible conclusions are that policy makers need more effective long-term assessment of government programmes and/or that the heterogeneity of those enterprises able to achieve growth points towards the principle of self-selection. However, the authors suggest a more radical response based on investing more in education and training and aiming to make more explicit the implications of actions and non-actions by entrepreneurs with regard to growth.

scholarly journals High-growth firms and innovation: an empirical analysis for Spanish firms

2014 ◽  
Vol 43 (4) ◽  
pp. 805-821 ◽  
Author(s):  
Agustí Segarra ◽  
Mercedes Teruel
Keyword(s):  
Empirical Analysis ◽  
High Growth ◽  
Growth Firms

Growth aspirations among women entrepreneurs in high growth firms

2016 ◽  
Vol 11 (2) ◽  
pp. 187-206 ◽  
Author(s):  
Oxana Bulanova ◽  
Espen John Isaksen ◽  
Lars Kolvereid
Keyword(s):  
Women Entrepreneurs ◽  
Research Question ◽  
High Growth ◽  
Business Growth ◽  
Policy Makers ◽  
Content Type ◽  
Growth Firms ◽  
Event Model ◽  
Post Hoc ◽  
Perceived Desirability

Purpose – The purpose of this paper is to investigate the relationship between perceived desirability (attitude towards growth) and feasibility (entrepreneurial self-efficacy) of business growth and women entrepreneurs’ continued business growth aspirations. Hypotheses are derived guided by the Entrepreneurial Event Model (EEM). The authors also address the following research question: what reasons do women entrepreneurs state for wanting or not wanting continued business growth? Design/methodology/approach – The sample consists of 93 of the largest independent businesses in Norway started by women entrepreneurs in 2004, 2005 or 2006 (response rate 57.5 per cent). The hypotheses are tested using logistic regression. The authors carry out a post hoc analysis of open-ended questions, containing a qualitative analysis of the reasons for not wanting or wanting the business to grow. Findings – The results support the hypotheses. Controlling for industry, location and the women entrepreneurs’ age, perceived desirability and feasibility of business growth predict growth aspirations. Thus, the findings suggests that the EEM is an appropriate and useful model. Reasons are grouped in reasons relating to considerations for the entrepreneur, the business and the environment. The most common reason for not wanting the business to grow relates to business considerations, including that growth would jeopardize the quality of services offered by the business. Important reasons for wanting the business to grow include fun and excitement. Research limitations/implications – Policy makers and educators can encourage business growth by efforts aiming to increase the desirability and feasibility of growth. Practitioners as well as scholars should be aware of the inducements and costs associated with business growth. The study contributes to the entrepreneurship literature by exploring and identifying areas that both encourage and hinder further business growth among high-growth women entrepreneurs. Originality/value – Research on women-owned businesses is still scarce, and few if any previous studies have surveyed growth aspiration in new high-growth women-owned businesses. The combination of quantitative and qualitative techniques is also a novel contribution of this survey.

AN EMPIRICAL ANALYSIS: VENTURE CAPITAL CLUSTERS AND FIRM MIGRATION

2007 ◽  
Vol 12 (02) ◽  
pp. 139-163 ◽  
Author(s):  
ROBERT PLANT
Keyword(s):  
Venture Capital ◽  
Regional Development ◽  
Empirical Analysis ◽  
High Growth ◽  
The State ◽  
Exit Strategy ◽  
Professional Networks ◽  
Public Records ◽  
Growth Firms ◽  
Firm Migration

Regions and states utilize venture capital forums to raise the profiles of youthful, potentially high-growth firms located within their boundaries. They aim to help organizations raise capital, to widen professional networks and to stimulate regional development. As a contribution toward determining the success of the forum concept, the Florida venture forum was studied. This paper follows those companies who received funding subsequent to participating in the forum during the period 1997–2003; data is drawn from the forum and public records. Funding profiles are built up for successful participants and the funding entities. A secondary profile, post-funding, is developed that examines the role the funding agent plays in determining whether the funded company remains or migrates from its original location. The finding of this paper is that a significant number of funded entities are located within venture capital cores or clusters. The paper shows that funded companies are younger than non-funded companies, more likely to be acquired and move from their original location. The paper also shows that the participant companies that were acquired achieve an exit strategy by migrating out of the state of Florida.

scholarly journals Sustaining Community Archives

2021 ◽  
Author(s):  
◽  
Joanna M A Newman
Keyword(s):  
New Zealand ◽  
Well Being ◽  
Local History ◽  
Policy Makers ◽  
Community Archives ◽  
Organisational Structures ◽  
Organisational Factors ◽  
Selection Of

<p>All over New Zealand there are collections of archives, representing the recorded memory of their communities. They play an important role in our heritage and cultural well-being but the quality of care they receive and their accessibility vary greatly, giving rise to concerns about the longevity of some. This research investigates the factors required for maintenance of community archives over the long-term and assesses how well a selection of New Zealand Archives display these factors. A methodological framework for assessing likely sustainability of Community Archives was developed, based on requirements for managing community (or local history) archives documented by United States archivists. Four different Community Archives in New Zealand were then studied and the findings compared. Results show that many of the factors required for maintenance are inter-related and inter-dependent but that, above all, organisational factors have a significant impact on the maintenance of the archival records and the evidential value they contain. Different organisational structures and governance characteristics, and their consequent impact on other factors, indicate that, by addressing these aspects of Community Archives, their sustainability could be greatly enhanced. The study could, therefore, provide guidance for archivists and policy makers in future decision-making relating to Community Archives.</p>

Characterizing High-Growth Firms in New Zealand

2013 ◽  
Vol 14 (1) ◽  
pp. 39-48 ◽  
Author(s):  
Mark Hinton ◽  
R.T. Hamilton
Keyword(s):  
New Zealand ◽  
Control Systems ◽  
Relationship Marketing ◽  
High Growth ◽  
Financial Control ◽  
Four Dimensions ◽  
Case Study Design ◽  
Growth Firms ◽  
Business To Business

This study characterizes high-growth New Zealand-owned firms operating in business-to-business relationships. Within a case study design featuring six such firms, four dimensions emerged that captured their key features: founders' characteristics; opportunity orientation; opportunity exploitation; and the management of growth. All the firms had joint founders who brought complementary skills and maintained external advice networks. The growth opportunities leveraged innovations of other firms. Exploitation was in niche areas in which there were both few competitors and small numbers of larger customers, facilitating intensive relationship marketing. The founders managed the businesses by developing a pro-growth culture among employees, but supported this through strong financial control systems and low debt preference. The lack of evidence on the characteristics of this important group of firms has contributed to poorly targeted policy. This paper begins to redress this situation.

Sustainable High-Growth Entrepreneurship

2014 ◽  
Vol 15 (1) ◽  
pp. 29-40 ◽  
Author(s):  
Jonas Gabrielsson ◽  
Åsa Lindholm Dahlstrand ◽  
Diamanto Politis
Keyword(s):  
High Growth ◽  
Innovation Systems ◽  
Growth Trajectory ◽  
Regional Innovation Systems ◽  
Regional Innovation ◽  
Foreign Markets ◽  
Policy Makers ◽  
Unique Data ◽  
Production Processes ◽  
Growth Firms

The importance of high-growth entrepreneurship is widely acknowledged. Previous studies, however, have shown that only a few rapidly growing firms manage to sustain their growth trajectory over long periods. This paper addresses high-growth entrepreneurship in the Scania region of Sweden. The authors analyse a sample of high-growth firms and find that only a minority exhibit sustained high growth. They also compare sustainable high-growth firms with temporary high-growth firms, using unique data about their innovation and R&D activities. The analysis shows that sustainable high-growth firms are more often involved in activities aimed at developing and improving existing production processes, and are also less committed to international operations in new foreign markets. The results can be used to advise policy makers on how to understand and support high-growth entrepreneurship in regional innovation systems.

Success in combating corruption in New Zealand

2017 ◽  
Vol 6 (3) ◽  
pp. 238-248 ◽  
Author(s):  
Daniel Zirker
Keyword(s):  
New Zealand ◽  
Design Methodology ◽  
Geographical Isolation ◽  
Policy Makers ◽  
Content Type ◽  
Cultural Traditions ◽  
Cultural Affinity ◽  
Geographical Elements ◽  
Shed Light

Purpose New Zealand has had success in combating corruption. It has been ranked consistently as one of the five least corrupt countries in the world. The purpose of this paper is to shed light on this accomplishment. Design/methodology/approach An analysis of the policies, socio-cultural attributes and historical and geographical elements that have contributed to New Zealand’s success in combating corruption. Findings New Zealand’s long-term geographical isolation, egalitarian socio-economic and cultural traditions, its close legal and cultural affinity with Britain, and its unique regulatory civil service largely explain its success in combating corruption. Nevertheless, global influences, the absence of a single anti-corruption agency, and changing values may be eroding New Zealand’s record of success. Originality/value This paper will be useful to policy makers and those concerned with New Zealand’s recent decline in Transparency International’s Corruption Perceptions Index.

scholarly journals Sustaining Community Archives

2021 ◽  
Author(s):  
◽  
Joanna M A Newman
Keyword(s):  
New Zealand ◽  
Well Being ◽  
Local History ◽  
Policy Makers ◽  
Community Archives ◽  
Organisational Structures ◽  
Organisational Factors ◽  
Selection Of

<p>All over New Zealand there are collections of archives, representing the recorded memory of their communities. They play an important role in our heritage and cultural well-being but the quality of care they receive and their accessibility vary greatly, giving rise to concerns about the longevity of some. This research investigates the factors required for maintenance of community archives over the long-term and assesses how well a selection of New Zealand Archives display these factors. A methodological framework for assessing likely sustainability of Community Archives was developed, based on requirements for managing community (or local history) archives documented by United States archivists. Four different Community Archives in New Zealand were then studied and the findings compared. Results show that many of the factors required for maintenance are inter-related and inter-dependent but that, above all, organisational factors have a significant impact on the maintenance of the archival records and the evidential value they contain. Different organisational structures and governance characteristics, and their consequent impact on other factors, indicate that, by addressing these aspects of Community Archives, their sustainability could be greatly enhanced. The study could, therefore, provide guidance for archivists and policy makers in future decision-making relating to Community Archives.</p>

scholarly journals Non-medical prescribing in New Zealand: an overview of prescribing rights, service delivery models and training

2017 ◽  
Vol 8 (11) ◽  
pp. 349-360 ◽  
Author(s):  
Rakhee Raghunandan ◽  
June Tordoff ◽  
Alesha Smith
Keyword(s):  
New Zealand ◽  
Service Delivery ◽  
Nurse Practitioners ◽  
Relevant Information ◽  
Policy Makers ◽  
Training Requirements ◽  
Service Delivery Models ◽  
Delivery Models ◽  
Source Of Information ◽  
And Training

Aim: In this paper, we aim to provide an updated source of information for nonmedical prescribing (NMP) in New Zealand (NZ). Methods: A variety of NZ sources were used to collect data: legislation, policy documents and information from professional and regulatory organizations, and education providers. Results: In NZ, the legal categories for prescribers include authorized, designated, and delegated prescribers. Authorized prescribers include dentists, midwives, nurse practitioners, and optometrist prescribers. Designated prescribers include pharmacist prescribers, registered nurse prescribers, and dietitian prescribers. There are no delegated prescribers in NZ at this time. There is variation in the regulation, educational programmes and prescribing competencies used by the different prescribing health professionals involved in NMP in NZ. Conclusion: This update collates relevant information relating to NMP in NZ into one consolidated document and provides policy makers with a current overview of prescribing rights, service delivery models, training requirements, and prescribing competencies used for NMP in NZ. As NMP in NZ continues to expand and evolve, this paper will form a baseline for future NMP research in NZ. NZ needs to develop overarching NMP policy to enable consistency in the various aspects of NMP, thereby delivering a safe and sustainable NMP service in NZ.

scholarly journals High-growth firms in New Zealand: Superstars or shooting stars?

2016 ◽  
Vol 35 (3) ◽  
pp. 244-261 ◽  
Author(s):  
Sara Satterthwaite ◽  
RT Hamilton
Keyword(s):  
New Zealand ◽  
Empirical Study ◽  
Growth Phase ◽  
High Growth ◽  
Service Industries ◽  
Future Research ◽  
Death Rates ◽  
Sustained Growth ◽  
Growth Firms ◽  
The Creation

This is an empirical study of the origin, demographics and fate of two cohorts of high-growth firms in New Zealand. Customised data on high-growth firms, covering 1125 and 1067 firms in the 2005 and 2008 cohorts, respectively, came from government sources. High-growth firms are smaller, more likely to emerge in service industries and grow through the creation of multiple separate establishments. The ability to sustain high-growth is independent of pre-growth age and employment size. High-growth firms have death rates up to four times greater than other contemporary firms, but the survivors do retain their employment size, continuing to contribute disproportionately to employment for some years beyond their initial high-growth phase. The demonstrated inability of high-growth firms to sustain high growth suggests a rethink on how ‘high growth’ is defined, with future research focusing on sustained growth firms.

Sign in / Sign up

Export Citation Format

Share Document