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Dynamics of rapid growth and change: A complexity theory of entrepreneurial transitions

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Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

At the heart of the new venture growth that fuels the economic expansion is the question of how organizations make transitions from one stage of their development to the next (Churchill & Lewis, 1983; Covin & Slevin, 1997). To study this phenomenon, a three-stage model of self-organization was formulated and then tested in four growth-based new ventures that were each undergoing a major developmental transition. Although the outcomes of the transitions were all different, the process of the transitions was virtually the same, each time validating the three-stage model. Implications for research and practice of new venture growth are provided.

Original languageEnglish
Title of host publicationEntrepreneurship and economic growth in the American economy
PublisherJAI Press
Pages161-191
Number of pages31
ISBN (Print)0762306890, 9780762306893
StatePublished - 2000

Publication series

NameAdvances in the Study of Entrepreneurship, Innovation, and Economic Growth
Volume12
ISSN (Print)1048-4736

ASJC Scopus Subject Areas

  • Business, Management and Accounting (miscellaneous)
  • Finance
  • Management of Technology and Innovation

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