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Entrepreneurship and growth

TLDR
The authors of as discussed by the authors suggest that there is a greater need to understand the processes that underlie entrepreneurial growth and how the entrepreneur's cognitive processes shape growth, how they access and configure resources to achieve growth, and whether these are influenced by a wider variety of contextual dimensions than previously recognised.
Abstract
The entrepreneurial growth literature is extensive, but research focusing on questions such as how firms grow, why they grow according to different patterns, how the decisions about growing or not growing are made, and the contextual dimensions within which growth takes place, has been neglected. This annual review article explores such issues: it suggests that there is a greater need to understand the processes that underlie entrepreneurial growth. In particular, we need to know more about how the entrepreneur’s cognitive processes shape growth (i.e. microfoundations of growth), how they access and configure resources to achieve growth (i.e. the resource orchestration underpinning growth), whether these are influenced by a wider variety of contextual dimensions than previously recognised, and how these influence different patterns and types of growth.

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Citations
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Entrepreneurship Growth During a Recessionary Period

TL;DR: Igwedibie et al. as discussed by the authors described entrepreneurship growth during a Recessionary period by Ralph Ndubuisi Igwedibue MPA, Jackson State University, 1985 BSB, Southern University, 1983 Doctoral Study Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Business Administration
Journal ArticleDOI

The Process of the Growth of Small and Medium-Sized Enterprises (SMEs)

TL;DR: Coad et al. as mentioned in this paper argued that the macroeconomic importance of firm expansion was recognized in the 1980s, when the phenomenon of gazelles or high-growth firms was first described as those capable of intense size increases within a limited time span (Birch, 1981; Birch & Medoff, 1994); Storey, 1994; Coad, 2009; Acs et al., 2008).
Journal ArticleDOI

How important is family involvement for small companies’ growth?

TL;DR: In this article, the authors acknowledge the support from the Spanish Ministry of Economy, Industry, and Competitiveness and the European Regional Development Fund (FEDER) through project ECO2017-86305-C4-4-R (AEI/FEDERS, UE).

Success Factors of Small Business Owners of Independent Financial Planning Firms

TL;DR: For example, Snider et al. as mentioned in this paper explored the success factors and strategies of 12 small business owners of independent financial planning firms who achieved profitability beyond 5 years and found that technical training is necessary but not sufficient for success; planners need training in business creation, operations, and marketing; differentiation is important and is achieved by specialization and providing excellent client service.

MERC Global's International Journal of Social Science & Management

TL;DR: The MERC Global's International Journal of Social Science & Management (MERC Global’s IJSSM) is an international, peer-reviewed, bimonthly journal of social science and management as discussed by the authors.
References
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Journal ArticleDOI

Self-efficacy: toward a unifying theory of behavioral change.

TL;DR: An integrative theoretical framework to explain and to predict psychological changes achieved by different modes of treatment is presented and findings are reported from microanalyses of enactive, vicarious, and emotive mode of treatment that support the hypothesized relationship between perceived self-efficacy and behavioral changes.
Book

Judgment Under Uncertainty: Heuristics and Biases

TL;DR: The authors described three heuristics that are employed in making judgements under uncertainty: representativeness, availability of instances or scenarios, and adjustment from an anchor, which is usually employed in numerical prediction when a relevant value is available.
Book

Sensemaking in organizations

Karl E. Weick
TL;DR: The Nature of Sensemaking Seven properties of sensemaking Sensemaking in Organizations Occasions for Sensemaking The Substance of Sense-making Belief-Driven Processes of Sense Making Action-driven Processes on Sensemaking.
Journal ArticleDOI

Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance

TL;DR: In this paper, the authors draw on the social and behavioral sciences in an endeavor to specify the nature and microfoundations of the capabilities necessary to sustain superior enterprise performance in an open economy with rapid innovation and globally dispersed sources of invention, innovation, and manufacturing capability.
Journal ArticleDOI

Unskilled and unaware of it: How difficulties in recognizing one's own incompetence lead to inflated self-assessments.

TL;DR: Across 4 studies, the authors found that participants scoring in the bottom quartile on tests of humor, grammar, and logic grossly overestimated their test performance and ability.
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