Abstract:

As high-growth firms contribute disproportionately to job creation and wealth, studies focus on identifying them in the population. However, some argue that high growth patterns can occur in any firm and lack of understanding how that happens. This study aims to unfold impacts of strategic management on high growth. Using the UK Longitudinal Small Business Survey 2015-2019 and coarsened exact matching method, this paper finds that resource orchestration has a significant impact on high growth. We show that some certain types of resources and capabilities being developed simultaneously increase the probability of superior performance, but some others being bundled together deteriorate the chance. It, thus, contributes to the conversation on the role of strategic management on high growth episodes.

Please choose your submission type: Full Paper

Primary Track: Strategy

Keywords: strategy;resources and capabilities;dynamic capabilities

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Dr. Thao Nguyen