What characterizes the phenomenon of (small) firm growth, and how can it best be studied? Why and how do firms grow - and why don't they? Is firm growth externally determined or the result of managers' visions and actions? What are the different paths that firms follow in order to achieve high growth? Is growth evidence of entrepreneurship - and is growth always desirable? In this book, three leading scholars have integrated some of their most important research in order to answer these questions on firm growth. The result is a volume that builds on studies of many thousands of firms in several different projects. It offers deep insights into the firm growth phenomenon and how it can be studied. This research-based study promises to be a valuable resource for academics and students focussing on business and management, and, more specifically, entrepreneurship. Researchers who aspire to design and conduct further studies leading to deeper and better established insights into firm growth will also find the book invaluable, as will those who encourage and assist firm growth as part of their profession.

What characterizes the phenomenon of (small) firm growth, and how can it best be studied? Why and how do firms grow - and why don't they? Is firm growth externally determined or the result of managers' visions and actions? What are the different paths that firms follow in order to achieve high growth? Is growth evidence of entrepreneurship - and is growth always desirable? In this book, three leading scholars have integrated some of their most important research in order to answer these questions on firm growth. The result is a volume that builds on studies of many thousands of firms in several different projects. It offers deep insights into the firm growth phenomenon and how it can be studied. This research-based study promises to be a valuable resource for academics and students focussing on business and management, and, more specifically, entrepreneurship. Researchers who aspire to design and conduct further studies leading to deeper and better established insights into firm growth will also find the book invaluable, as will those who encourage and assist firm growth as part of their profession.

How and why are firms created, expanded and terminated by entrepreneurs in the knowledge intensive economy? The authors show these entrepreneurship processes are firmly embedded in a given social and economic context, that shapes the process by which some individuals discover entrepreneurial opportunities, creating new firms that sometimes grow to remarkable size, but more often stay mundane or eventually exit. The authors expertly provide a theoretical and empirical examination of new knowledge intensive firms over their whole life cycle using a unique set of matched employee?employer data containing over three million individuals and over 200,000 firms. With theoretical pillars anchored in industrial organization economics, evolutionary organization theory, and entrepreneurship research, this book presents a detailed investigation of the entrepreneurial processes of firm entry, growth, and their eventual demise.This insightful book will prove to be invaluable for business policymakers as well as postgraduate students and researchers in management, economics, and entrepreneurship.