What Do They Think and Feel About Growth? an Expectancy-Value Approach to Small Business Managers' Attitudes Toward Growth

Provided by: Queensland Treasury Corporation
Topic: SMBs
Format: PDF
In this paper, the authors investigate how small business managers' beliefs concerning the consequences of growth influence their overall growth attitude. They find this to be an important question. Although previous paper has shown that small firm growth is the most important source of new jobs (Davidsson, Lindmark, & Olofsson, 1994; 1996; Kirchhoff, 1994; Reynolds & White, 1997), there are also clear indications that many small business managers deliberately refrain from exploiting opportunities to expand their firms. They test the influence of the eight most important perceived consequences of growth on the overall growth attitude in three separate, large-scale surveys of small business managers.

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