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A Multidimensional Model of Venture Growth
Abstract
We draw upon strategic management theory, organizational behavior theory, organization theory, and entrepreneurship models to form an integrated model of venture growth including 17 concepts from 5 micro/macro research domains. The model was tested with responses from 307 companies from the architectural woodworking industry. CEO’s specific competencies and motivation, and competitive strategies, were direct predictors of venture growth. CEO’s traits and general competencies, and the environment had significant indirect effects. 3 This research explores the causes of venture growth. Past entrepreneurship research has often studied individual differences (Begley & Boyd, 1987), strategic management concepts (McDougall, Robinson, & DeNisi, 1992), and organization theory concepts (Aldrich & Wiedenmayer, 1993) as isolated causes of venture performance. More recent studies propose that individual, organizational, and environmental dimensions combine to provide a more comprehensive prediction of venture development and growth than any one dimension in
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Cited by
The nature and experience of entrepreneurial passion
Cardon, M. S., Wincent, J., Singh, J., & Drnovsek, M. (2009) · Academy of Management Review · doi:10.5465/amr.2009.40633190 · Cited by 1,922
DeTienne, D. R., & Chandler, G. N. (2004) · Academy of Management Learning & Education · doi:10.5465/amle.2004.14242103 · Cited by 593
Are perseverance and self-efficacy costless? Assessing entrepreneurs' regretful thinking
Markman, G. D., Baron, R. A., & Balkin, D. B. (2005) · Journal of Organizational Behavior · doi:10.1002/job.305 · Cited by 473
Does self-efficacy affect entrepreneurial investment?
Cassar, G., & Friedman, H. (2009) · Strategic Entrepreneurship Journal · doi:10.1002/sej.73 · Cited by 255
Environmental munificence for entrepreneurs: entrepreneurial alertness and commitment
Tang, J. (2008) · International Journal of Entrepreneurial Behavior & Research · doi:10.1108/13552550810874664 · Cited by 205
Metadata
- Authors
- Baum, J. R., Locke, E. A., & Smith, K. G.
- Venue
- Academy of Management Journal
- Publisher
- Academy of Management
- Published
- 2001-04-01
- Volume
- 44
- Issue
- 2
- Pages
- 292-303
- ISSN
- 0001-4273 (ISSN-L)
- OpenAlex
- W3124844712
- Cited by
- 489
- References
- 0
- FWCI
- 28.15
- Type
- journal article
- Language
- en
- Open access
- closed
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- Baum, J. R., Locke, E. A., & Smith, K. G. (2001). A Multidimensional Model of Venture Growth. Academy of Management Journal. https://doi.org/10.5465/3069456
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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