Is Extraordinary Growth Profitable? A Study of Inc. 500 High–Growth Companies *

By Gideon D. Markman, William B. Gartner. 2002

301 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/c4bf8b7c27da55430c997f967a2a42660af5835e

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Citations in the corpus

Pecking order and debt capacity considerations for high-growth companies seeking financing (2010, background): “Similar growth rates have been reported by Markman and Gartner (2002) when studying the link between extraordinary growth and profitability in Inc.”
Advancing Firm Growth Research: A Focus on Growth Mode Instead of Growth Rate (2010, background): “Such erratic growth patterns also include the most rapidly growing firms (Markman & Gartner, 2002).”
The influence of firm age and intangible resources on the relationship between entrepreneurial orientation and firm growth among Japanese SMEs (2013, background): “Conceptually, the connection between age and entrepreneurial strategies – i.e., the notion that younger firms tend to be more entrepreneurial than those that are older (Autio et al., 2000; Luo et al., 2005; Markman and Gartner, 2002) – is well established.”
Linking marketing capabilities with profit growth (2009, background): “However, there are often trade-offs between sales revenue and margins, such that these two components of profit growth rarely increase simultaneously (e.g., Markman & Gartner, 2002; Steffens, Davidsson, & Fitzsimmons, 2009).”
Research on small-firm growth : A review (2005, methodology): “Markman and Gartner (2002) used longitudinal data on Inc. 500 firms and found that change in sales and change in employment both had a weak negative correlation with change in profit.”
Power law distributions in entrepreneurship: : Implications for theory and research (2015, background): “If there is any doubt, please refer to the published source. https://doi.org/10.1016/j.jbusvent.2015.01.001 Power Law Distributions in Entrepreneurship: Implications for Theory and Research G. Christopher Crawforda,* Herman Aguinisb,1, Benyamin Lichtensteinc,2, Per Davidssond,3, Bill McKelveye,4 a O”
Gazelles as job creators: a survey and interpretation of the evidence (2010, unknown): “Yet another interesting expansion would be to study the economic significance of firms showing exceptional growth rates in more detail (e.g., Markman and Gartner 2002).”
Explaining growth paths of young technology‐based firms: structuring resource portfolios in different competitive environments (2011, background): “Markman and Gartner (2002), for instance, show that high growth rates in different cohorts of the Inc. 500 companies do not match the profi tability of these companies.”
The strategic management of high-growth firms:a review and theoretical conceptualization (2017, unknown): “Others suggest the need for “more diverse performance measures” (Markman and Gartner, 2002, 72) for adequately sampling HGFs.”
Hyper-Growth of SMEs: Toward a Reconciliation of Entrepreneurial Orientation and Strategic Resources (2012, unknown): “Markman and Gartner (2002) first introduced the concept of hyper-growth, by referring to a Inc.”
A Capabilities Perspective on the Effects of Early Internationalization on Firm Survival and Growth (2006, background): “Growth and survival are distinct outcomes; survival does not guarantee growth, and not all growth is profitable (Markman & Gartner, 2002).”
Untangling the relationships among growth, profitability and survival in new firms (2013, unknown): “In contrast, Markman and Gartner (2002) study four cohorts of INC 500 firms (n=1,233) in the US and do not find a relationship between profitability and extremely high growth, measured in terms of sales and employment.”
Making sense of the elusive paradigm of entrepreneurship (2015, background): “Some of these studies refer to the highest growth firms as ‘‘gazelles’’, and try to explain which factors lead certain firms to become gazelles, while others do not achieve such spectacular rates of growth (World Economic Forum 2011; Markman and Gartner 2002).”
Performance Configurations over Time: Implications for Growth– and Profit–Oriented Strategies (2009, background): “This is in line with the negative correlation between growth and profit that Markman and Gartner (2002) found in their study of rapidly growing firms.”