TY - JOUR
T1 - The Strategic Management of High-Growth Firms
T2 - A Review and Theoretical Conceptualization
AU - Demir, Robert
AU - Wennberg, Karl
AU - McKelvie, Alexander
N1 - Publisher Copyright:
© 2016 Elsevier Ltd
PY - 2017/8
Y1 - 2017/8
N2 - Scholars’ knowledge of the factors behind high-growth firms remains fragmented. This paper provides a systematic review of the empirical literature concerning high-growth firms with a focus on the strategic aspects contributing to growth. Based on our review of 39 articles, we identify five drivers of high growth: human capital, strategy, human resource management, innovation, and capabilities. These drivers are combined to develop a conceptual model of high-growth firms that includes potential contingency factors among the five drivers. We also propose a research agenda to deepen the study of high-growth firms in strategic management.
AB - Scholars’ knowledge of the factors behind high-growth firms remains fragmented. This paper provides a systematic review of the empirical literature concerning high-growth firms with a focus on the strategic aspects contributing to growth. Based on our review of 39 articles, we identify five drivers of high growth: human capital, strategy, human resource management, innovation, and capabilities. These drivers are combined to develop a conceptual model of high-growth firms that includes potential contingency factors among the five drivers. We also propose a research agenda to deepen the study of high-growth firms in strategic management.
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U2 - 10.1016/j.lrp.2016.09.004
DO - 10.1016/j.lrp.2016.09.004
M3 - Article
AN - SCOPUS:84994430667
SN - 0024-6301
VL - 50
SP - 431
EP - 456
JO - Long Range Planning
JF - Long Range Planning
IS - 4
ER -