Senate Hall Academic Publishing

Click HERE for a sample entrepreneurship paper

NOTE: Since 2009 the title of the International Journal of Entrepreneurship Education (IJEE) has been changed to the title above.  ISSN numbers: IJEE 1649-2269 and IRE 2009-2822

Publications & Abstracts below

In the ABS journals rankings published by the Chartered Association of Business Schools and also listed by Cabells, EBSCO, ARC, Cranfield, and Thomson-Reuters’ Web of Science ESCI citations index

ISSN Number: 2009-2822. Frequency: 4 Issues per year (online only)  

Article #1591 - Determinants of Small Firm Growth: An Exhaustive Analysis Using Conceptual and Statistical Approaches

IRE Vol 16: Issue 4, 2018 , Pages 525-564

Author(s): Haibo Zhou, Lin Huang and Ting-Kuei Kuo (Nottingham University Business School China, University of Nottingham Ningbo China, China)

Firm growth is a recurring topic in the field of management and entrepreneurship research. Over the last two decades, determinants of firm growth have been studied to explain variations in growth rates from a broad array of disciplines. Nevertheless, it is observed that accumulated knowledge of firm growth is still limited. The field of study is fragmented because different disciplines produce diverse sets of determinants; however, none of them can be used as a common set of growth predictors. This paper aims to provide an exhaustive analysis on the determinants of firm growth using both conceptual and statistical approaches. Applying factor analysis on a Dutch firm-level data set that includes many known determinants of firm growth from existing literature, we create determinants that are in line with their conceptual constructs (conceptual approach). We also empirically validate the conceptual constructs of these known determinants using a statistical approach where independent variables are grouped into common factors solely on statistical grounds. Finally, using an inclusive model consisting of known determinants from various categories, we are able to identify the most important determinants of firm growth: the individualís growth motivation and specific (technical) skills, firm age, past financial performance of the firm and the firmís entrepreneurial-growth orientation. We suggest that these determinants can serve as a common set of determinants to develop a more systematic analysis on the determinants of firm growth in future research.

Keywords: firm growth, growth determinants, individual determinants, organizational determinants, environmental determinants, Dutch firm-level data

Purchase this Article

To purchase this article click the Add To Order button below. The paper will be delivered electronically as a watermarked PDF file with a licence to make the number of copies ordered. Delivery of the article to your email address will normally be within 24 hours of placing the order online. If you would prefer to post or fax your order then please CLICK HERE for a printable order form. If you experience any difficulties please email us at:

If you wish to take out a yearly subscription to this journal CLICK HERE for prices and to order

Paper Pricing
USA and Rest of World
US Dollars($)
Euros (€)
Great Britain
Sterling (£)
Article Price