scholarly journals Small Firm Survival and Growth Strategies in a Disrupted Declining Industry

Author(s):  
Gareth H. Thomas ◽  
Evan J. Douglas
Author(s):  
Robert Cressy

Many excellent surveys of the literature on business growth and survival have appeared in the last decade. This article focuses on small firm literature on survival and growth, drawing on largely non-size-specific surveys only when the intersection between their subject matter and that of small firm growth and survival is significant. The focus is moreover primarily on testable or tested theories, implying a neglect of theory, however intrinsically interesting, which offers no (immediately) testable or tested implications. It is important to note at the outset that the industrial economics literature in general has a rather disparate definition of the term ‘small firm’ from the small business literature as located in the small business journals.


2019 ◽  
Vol 13 (3) ◽  
pp. 288-325 ◽  
Author(s):  
Carolin Haeussler ◽  
Maria Hennicke ◽  
Elisabeth Mueller

2010 ◽  
Vol 30 (9) ◽  
pp. 1401-1417 ◽  
Author(s):  
Ramón Rufín ◽  
Cayetano Medina

1999 ◽  
Vol 07 (02) ◽  
pp. 197-211 ◽  
Author(s):  
WEE-LIANG TAN ◽  
D. G. ALLAMPALLI

It has become common advice furnished to family businesses that in order for them grow and further develop, they need to professionalise their management. The literature suggests that firms that follow this advice will perform better and show higher survival and growth. This paper presents the findings of a study on the professionalisation of family businesses in Singapore. It examined whether family businesses that have professionalised their management differ from these that have not. It is anticipated that the professionalised Chinese family businesses would benefit from the introduction of professional managers. It was anticipated that they would be older in age (since succesion is not confined to family member), report better business performance, and adopt aggressive growth strategies. Firm differences were studies using three dimensions: firm characteristics like age and size when professionalised; performance differences using growth and business volume measures developed by Chandler and Hanks (1993) and growth strategies using the Miles and Stones typology (1978) of growth oriented firms. The study found that the professionalised family businesses did not differ in age but showed significant difference in size, better performance and aggressive growth strategies from those that were not.


2006 ◽  
Vol 31 (4) ◽  
pp. 914-933 ◽  
Author(s):  
Harry J. Sapienza ◽  
Erkko Autio ◽  
Gerard George ◽  
Shaker A. Zahra

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