Growth Intention and Growth in Small Accounting Firms

Lars Kolvereid and Bjørn Willy Åmo
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Lars Kolvereid: Business School, Nord University, NO-8049 Bodø, Norway
Bjørn Willy Åmo: Business School, Nord University, NO-8049 Bodø, Norway

Administrative Sciences, 2019, vol. 9, issue 2, 1-11

Abstract: Previous research has found that owner/manager growth intention is related to subsequent firm growth, but growth intention alone only explains about 4–5% of the variance in actual firm growth. The purpose of this study is to investigate factors in addition to growth intention that may help us to explain a higher proportion of the variance in firm growth. We selected three factors for our study: Entrepreneurial orientation, versatile human resources and labor productivity. We tested the hypotheses in a sample of small Norwegian accounting firms. The findings indicate that, after controlling for growth intention, versatile human resources and labor, productivity contributed to the explanation of the variance in sales and employment growth, while entrepreneurial orientation has no such additional effect.

Keywords: growth intention; growth in sales; growth in employment; accounting firms (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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