RELATION OF DOMINANT PROBLEMS TO STAGES GROWTH IN TECHNOLOGY-BASED NEW VENTURES.
- 1 June 1988
- journal article
- Published by Academy of Management in The Academy of Management Journal
- Vol. 31 (2) , 257-279
- https://doi.org/10.2307/256548
Abstract
Two studies investigating the growth patterns of new ventures are presented. In the first study, a stage-of-growth model theorized to apply specifically to technology-based new ventures was developed from two cases. Stages are described as a configuration of organizational design variables representing a firm's response to the sets of dominant problems it faces at sequential times. The second study explored relationships between stages of growth and a theorized pattern of dominant problems using a data base of 105 firms. Partial support emerged for the link between dominant problems and stages of growth.Keywords
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