Entrepreneurial growth as a process: Mechanism-based theorizing

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Why do some ventures grow to become dominant market players while most new ventures that do not fail limp along more modest trajectories? In comparison with our knowledge regarding determinants of venture creation or survival, the phenomenon of venture growth has been relatively neglected, both theoretically and empirically. Venture growth is a multi-level phenomenon co-occurring at different analytical and temporal levels. In this chapter we develop a theoretical model that accounts for venture growth as a process, drawing upon the mechanism-based theorizing approach. We offer nine social mechanisms that lead to venture growth, providing a foundation for empirical exploration and further theory building.
Publisher
Emerald Group Publishing Ltd. Howard House Wagon Lane, Bingley BD16 1WA
Issue Date
2015
Language
English
Citation

Advances in Entrepreneurship, Firm Emergence and Growth, v.17, pp.63 - 94

ISSN
1074-7540
URI
http://hdl.handle.net/10203/243815
Appears in Collection
MT-Journal Papers(저널논문)
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