The Effects of Entrepreneurial Growth Orientation on Organizational Change and Firm Growth

Managing growth in an enterprise as it grows beyond the startup phase is a challenge for many entrepreneurs. One key element that can help or hinder growth is the entrepreneur. Entrepreneurial growth has been linked to micro variables (motivations and psychological attributes of the entrepreneur) an...

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Bibliographic Details
Main Authors: TAN, Wee Liang, MENKHOFF, Thomas, CHAY, Yue Wah
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2007
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/646
https://ink.library.smu.edu.sg/context/lkcsb_research/article/1645/viewcontent/WP1207.pdf
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Institution: Singapore Management University
Language: English
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Summary:Managing growth in an enterprise as it grows beyond the startup phase is a challenge for many entrepreneurs. One key element that can help or hinder growth is the entrepreneur. Entrepreneurial growth has been linked to micro variables (motivations and psychological attributes of the entrepreneur) and macro variables. However, few studies have examined the role of the growth aspirations of the entrepreneur on the necessary elements of organization change related to growth. This paper reports a study employing a typology of entrepreneurs based on their growth aspirations using an established dichotomous scale devised by Smith to differentiate between what he called craftsmen versus opportunistic entrepreneurs. The findings, while not supporting all expectations, do support the literature that points to the growing importance of intellectual capital, technological upgrading and participative management approaches as competitive weapons of small firms.