& EXPANSION--16% OF RESPONDENTS SAY THEY ARE CURRENTLY INVESTING OR PLANNING TO INVEST OUTSIDE OF THE UNITED STATES AND CANADA
1) achieving market outperformance is a laudable goal, but it doesn't directly impact firm growth
in a significant way
Next, we analytically derive firm growth
from the extended-Gibrat's property ((3) and (4)) and from Gibrat's law (2).
As firm expansion and growth have proved to be a condition for competitive advantage both at the level of individual firms and at the level of the economy at large, the phenomenon of firm growth
has become a focus of research.
When it comes to succession planning, firm owners need to start early, providing time for firm growth
to underwrite the buyout and tying junior partners to the firm--and eliminating turnover, which can be disastrous to any plan.
The second hypothesis is that government support and the involvement of financial intermediaries (lenders) and insurance agencies can strengthen the association between R&D and firm growth
The study analyses the dependencies of several ratios and measures on firm growth
rate, namely, the ratios of profitability, liquidity, current assets, and solvency, as well as the break-even point, revenue per employee, average costs, labour costs, capital costs, capacity utilization and productivity.
Using a case-based approach to study firm growth
in the PRC, this paper by a Creighton University (Omaha, Nebraska) management professor discusses issues emerging from China's economic transition and presents insights for the study of a high-tech startup, Runway Technology Co.
They find strong empirical confirmation that corporate risk-taking and firm growth
rates are positively related to the quality of investor protection.
Among other findings, the data showed increased firm growth
, profits and billing rates.
500 firms (from 1992 to 1996; 1993 to 1997; and 1994 to 1998), firm growth
was operationalized in terms of sales and number of employees.
Given the perceived importance of growing firms, theoretical frameworks for analysing influences upon firm growth
and performance are not well developed (Cooper, 1993).