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What Can Drive Successful Entrepreneurial Firms? An Analysis of Inc. 500 Companies

Year: 2014

Type: article

Abstract: Entrepreneurship scholars tend to discuss the merits of using innovation over imitation for the creation of new ventures. We take a step forward to focus our attention on the drivers of successful entrepreneurial firms and use Inc. 500 companies to test our framework. Findings indicate that the extent of innovation positively influences long-term sales growth and the relationship is positively moderated by prior experience and negatively moderated by family involvement. Research and practical implications are discussed.

Source: Journal of Small Business Strategy

Authors: Erick P. C. Chang, Esra Memili, James J. Chrisman, Dianne H.B. Welsh

Institutions: Arkansas State University, University of North Carolina at Greensboro, Mississippi State University

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W2129407145

FWCI: 3.015

Cites: 88

Cited by: 22

Related to: 10