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Stages of Growth Models

Alex Coad (), Anders Bornhäll (), Sven-Olov Daunfeldt () and Alexander McKelvie ()
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Anders Bornhäll: Institute of Retail Economics
Sven-Olov Daunfeldt: Confederation of Swedish Enterprise
Alexander McKelvie: Syracuse University

Chapter Chapter 3 in Scale-ups and High-Growth Firms, 2024, pp 11-18 from Springer

Abstract: Abstract Stages of growth models are important for understanding scale-ups. One of the differences between scale-ups and HGFs is that research on HGFs does not take growth stages into account, as long as growth is fast enough. This chapter presents Steve Blank’s 4-stage model of firm growth, where scaling up is stage 3. Hence, scaling-up does not occur directly at birth, among the youngest firms, but preparation is needed before scaling up. Differences between scaling up and so-called blitz-scaling are also discussed.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-981-97-1379-0_3

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DOI: 10.1007/978-981-97-1379-0_3

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