Growing Profitable or Growing from Profits: Putting the Horse in Front of the Cart?

By Per Davidsson, Paul Steffens, Jason R. Fitzsimmons. 2005

441 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/d89f93399b515a66f411745b79cd7d90a8f6889f

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Citations in the corpus

Entrepreneurial role models, fear of failure, and institutional approval of entrepreneurship: a tale of two regions (2016, background): “In particular, in young firms without profitable business models, rapid growth can deplete financial resources (Davidsson et al., 2009).”
The Importance of Slack for New Organizations Facing ‘Tough’ Environments (2010, background): “Indeed, firms want to confirm that opportunities are profitable before pursuing growth on a larger scale (Davidsson et al., 2009).”
On the Autocorrelation of Growth Rates (2009, background): “However, Kumar (1985) and Dunne and Hughes (1994) report much weaker autocorrelation in comparable studies.”
Entrepreneurial leadership, capabilities and firm growth (2015, background): “Effective general management such as HRM processes provide a foundation for all forms of growth where it contributes to profitability (Davidsson et al., 2009).”
Untangling the relationships among growth, profitability and survival in new firms (2013, unknown): “However, empirical results on the relationship between profitability 1 and growth remain mixed and surprisingly scarce, especially for new firms (although there are some notable exceptions such as Coad, 2010, and Davidsson et al., 2009).”
Equity crowdfunding, shareholder structures, and firm performance (2018, background): “Davidsson, Steffens, and Fitzsimmons (2009) illustrate that early profitability in firms is important to enable future profitable growth.”
What do we know about entrepreneurial finance and its relationship with growth? (2015, background): “There is a general debate about whether growth adequately reflects performance; some argue that it is also important to consider profitability (Davidsson et al., 2009).”
The impact of government financial support on the performance of new firms: the role of competitive advantage as an intermediate outcome (2014, background): “Recent research in entrepreneurship has suggested that profitability measures are a good indicator of firm success across industries (Davidsson, Steffens, and Fitzsimmons 2009; Kiviluoto 2013; Steffens, Davidsson, and Fitzsimmons 2009).”
Effectuation, Exploratory Learning and New Venture Performance: Evidence from China** (2017, background): “Given that performance is a function of potential benefit and current capability (March 1991; Davidsson, Steffens, and Fitzsimmons 2009), exploratory learning is important to create variety and enlarge the potential benefit in the long run (March 1991; Sir en, Kohtam€aki, and Kuckertz 2012).”
Whatever It Takes: How and When Supervisor Bottom-Line Mentality Motivates Employee Contributions in the Workplace (2020, background): “However, in business, securing bottom-line outcomes is highly important to the organization’s success (Davidsson et al., 2009; Friedman, 2007).”
Small business performance: business, strategy and owner‐manager characteristics (2013, background): “Furthermore it has been argued elsewhere that firms that develop innovative products and become profitable first, before seeking growth, are more likely to experience growth beyond the short term (Davidsson et al., 2009; Steffens et al. 2009).”
Advancing Firm Growth Research: A Focus on Growth Mode Instead of Growth Rate (2010, background): “In the other study, the authors use the Resource-Based View to examine the relationship between profit and sales growth and find that growth can actually have very negative consequences for profitability (Davidsson et al., 2009).”