Performance Configurations over Time: Implications for Growth– and Profit–Oriented Strategies

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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).”
Entrepreneurship and dynamic capabilities: how firm age and size affect the ‘capability enhancement–SME performance’ relationship (2012, background): “Each has been shown to affect firm performance in the entrepreneurship literature (i.e., these items are often used as controls; Steffens et al. 2009).”
Small business performance: business, strategy and owner‐manager characteristics (2013, background): “This finding is consistent with the literature, which suggests that smaller firms are more flexible than larger firms, as they are able to seize new opportunities quickly, where the owner-manager is closer to the market (Escribá-Esteve et al., 2008; Steffens et al., 2009).”