RT journal article
T1 Method for and Analysis of Early-Stage Firm Growth Patterns Using World Bank Data
A1 Estrada Lavilla, Raúl
A1 Ruiz Navarro, José
A2 Organización de Empresas
K1 growth patterns
K1 early-stage firm
K1 World Bank
AB Venture growth and entrepreneurial activity impact aspects of modern societies, such aswealth creation, employment, and innovation, and also potentially influence sustainable development, akey focus in the social sciences. The study of firms has benefitted from solid theoretical foundationsdating back to Edith Penrose’s The Theory of the Growth of the Firm. Yet, early-stage firms, as one ofthe fastest-growing types of firms, continue to be poorly understood. Therefore, we focus our analysison the specificities of the growth patterns of new firms. Our contribution to the literature is to derivean empirically based set of growth patterns observed among early-stage firms that can be used fortheory testing and in proofs. Our analysis, grounded in data from theWorld Bank Enterprise Surveys(WBES) encompassing over 140,000 entries, provides insights into growth patterns in early-stage firms,indirectly indicating potential intersections with sustainable business practices related, for example,to management team experience. More importantly, to make our research applicable to current realworlddecisions, we evaluate the predictive capacity of these growth patterns and provide a series ofconclusions that could help practitioners better evaluate the growth potential of early-stage firms.
PB MDPI
SN 2071-1050
YR 2024
FD 2024
LK http://hdl.handle.net/10498/32885
UL http://hdl.handle.net/10498/32885
LA eng
DS Repositorio Institucional de la Universidad de Cádiz
RD 09-nov-2026