The Strategic Management of High-Growth Firms: A Review and Theoretical Conceptualization

Robert Demir; Karl Wennberg; Alexander McKelvie

doi:10.1016/j.lrp.2016.09.004

The Strategic Management of High-Growth Firms: A Review and Theoretical Conceptualization

Robert Demir, Karl Wennberg, Alexander McKelvie

Research output: Contribution to journal › Article

32 Scopus citations

Abstract

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.

Original language	English (US)
Journal	Long Range Planning
DOIs	https://doi.org/10.1016/j.lrp.2016.09.004
State	Accepted/In press - 2016
Externally published	Yes

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ASJC Scopus subject areas

Geography, Planning and Development
Finance
Strategy and Management

Cite this

Demir, R., Wennberg, K., & McKelvie, A. (Accepted/In press). The Strategic Management of High-Growth Firms: A Review and Theoretical Conceptualization. Long Range Planning. https://doi.org/10.1016/j.lrp.2016.09.004

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10.1016/j.lrp.2016.09.004