Motivation of small business managers affects firm growth
June 5, 2008Economic theory often assumes that firm growth is automatic, given the existence of growth opportunities in the marketplace. However, a new study published in Entrepreneurship Theory and Practice reveals that the motivation of small business managers has a long-term effect on the actual future growth of the firm.
Researchers gathered information from two different Swedish samples of small firms. The managing director was asked about employment and sales growth as well as sales and related motivation. The researchers then used regression analysis to investigate the data.
The study found that motivation was a relevant predictor of firm growth. The results provide evidence showing support for the idea that motivations of managers affect important firm outcomes. Managers vary in their motivations to grow firms, and those motivations affect the growth achieved.
Growth motivation is partly affected by previous outcomes but remains relatively stable over time. This is an important result, as motivations have to be stable to be good predictors of behavior. Hence, growth motives are effective predictors of firm growth when they are stable over time.
Source: Wiley
-
India's rural poor give up on power grid, go solar
Jul 02, 2011 |
5 / 5 (3) |
5
-
Facebook membership hits 500 million mark
Jul 21, 2010 |
not rated yet |
0
-
Indian Techies Are Well-Paid but Restless
Apr 10, 2007 |
not rated yet |
0
-
Google launches Chrome browser for Android smartphones
7 hours ago |
5 / 5 (4) |
0
-
Japan electronic giants eye chip merger: reports
Feb 08, 2012 |
5 / 5 (1) |
0
-
Engineers build first sub-10-nm carbon nanotube transistor
Feb 01, 2012 |
4.9 / 5 (31) |
30
-
Something old, something new: Evolution and the structural divergence of duplicate genes
Jan 31, 2012 |
4.6 / 5 (7) |
1
-
The hidden nanoworld of ice crystals: Revealing the dynamic behavior of quasi-liquid layers
Jan 30, 2012 |
5 / 5 (3) |
1
-
Stock market network reveals investor clustering
Jan 27, 2012 |
3.9 / 5 (23) |
8
-
Of microchemistry and molecules: Electronic microfluidic device synthesizes biocompatible probes
Jan 26, 2012 |
5 / 5 (1) |
0
-
Bohr-Einstein debate: why did Bohr not simply say...
Feb 06, 2012
-
Best/Worst U.S. Presidents
Jan 31, 2012
- More from Physics Forums - History & Humanities
More news stories
A frank discussion of the power law and linking correlation to causation
(PhysOrg.com) -- Michael Stumpf a mathematics professor at Imperial College in London, and Mason Porter a lecturer at Oxford have teamed together to write and publish a perspective piece in Science regarding the in ...
Feb 10, 2012 |
5 / 5 (5) |
10
|
Employers feel no love for unscrupulous practice of 'service sweethearting'
A new study led by two Florida State University marketing professors finds that some frontline service employees who are rewarded for hikes in customer loyalty and satisfaction also may engage in "service ...
Other Sciences / Economics & Business
Feb 10, 2012 |
3.3 / 5 (3) |
11
US workers are 'giving away the store,' costing firms billions
Nearly 70 percent of the nation's service employees give away free goods and services – from hamburgers to cable TV – costing companies billions of dollars a year, according to a groundbreaking study.
Other Sciences / Economics & Business
Feb 09, 2012 |
3.5 / 5 (4) |
10
New insights into how to correct false knowledge
The abundance of false information available on the Internet, in movies and on TV has created a big challenge for educators.
Other Sciences / Social Sciences
Feb 07, 2012 |
4.9 / 5 (7) |
9
|
Neanderthal demise due to many influences, including cultural changes: study
As an ice age crept upon them thousands of years ago, Neanderthals and modern human ancestors expanded their territory ranges across Asia and Europe to adapt to the changing environment.
Other Sciences / Archaeology & Fossils
Feb 07, 2012 |
4.4 / 5 (5) |
8
|
Google might launch Drive for cloud storage soon
(PhysOrg.com) -- Google's next big move, according to the Wall Street Journal, is a cloud storage service called Drive. Hardly first to the plate, Google is simply catching up to introducing its cloud reposi ...
Latin America mining boom clashes with conservation
Latin America is experiencing a mining boom as prices rise fuelled by a hike in global demand, but the region is also being hit by a wave of violent protests, strikes and rallies by environmentalists.
Love a click away in Indonesia's Twitter Republic
He was a geeky kid from Yogyakarta, she a glamorous city girl in Jakarta. In a country with one of the world's most vibrant social networking scenes they fell in love on Twitter.
Walney offshore wind farm is world's biggest (for now)
(PhysOrg.com) -- The Walney wind farm on the Irish Sea--characterized by high tides, waves and windy weather--officially opened this week. The farm is treated in the press as a very big deal as the Walney ...
GPS court ruling leaves US phone tracking unclear
A US Supreme Court decision requiring a warrant to place a GPS device on the car of a criminal suspect leaves unresolved the bigger issue of police tracking using mobile phones, legal experts say.
Europeans protest controversial Internet pact
Tens of thousands of people marched in protests in more than a dozen European cities Saturday against a controversial anti-online piracy pact that critics say could curtail Internet freedom.
Jun 05, 2008
Rank: 2 / 5 (1)
Yes this is an extremely important result, and very unexpected! Who could have known that motivation of business managers can affect firm growth!