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Characteristics distinguishing high-growth ventures

The purpose of this study is to define characteristics that distinguish high-growth from low-growth companies. In this examination, particular emphasis is focused on characteristics that lend themselves to objective evalnation. In previous studies, great emphasis has been placed upon characteristic...

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Bibliographic Details
Main Author: Siegel, Robin
Format: Article
Language:English
Published: 1993
Description
Summary:The purpose of this study is to define characteristics that distinguish high-growth from low-growth companies. In this examination, particular emphasis is focused on characteristics that lend themselves to objective evalnation. In previous studies, great emphasis has been placed upon characteristics related to the personal capabilities of entrepreneurs. Although such characteristics are widely accepted as being of great importance, they are subjective and evaluated only with great difficulty. Two pools of companies were examined in the course of this study. Each company responded to a comprehensive questionnaire and provided longitudinal data related to a wide variety of operating characteristics. The first pool of companies - the Reynolds data base consisted of relatively young, small companies. The second pool - Price Waterhouse clients - included companies that were generally larger and more mature than those in the Reynolds data base. The distinction between the samples permitted us to consider how the set of growth characteristics varies at different stages in a company's development. Discriminant analysis of both samples yielded the following insights. 1. In both...
Physical Description:169 - 180