The strategic management of high-growth firms:a review and theoretical conceptualization

Demir, Robert and Wennberg, Karl and McKelvie, Alexander (2017) The strategic management of high-growth firms:a review and theoretical conceptualization. Long Range Planning, 50 (4). pp. 431-456. ISSN 0024-6301

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Scholars' knowledge of the factors behind high-growth firms remains fragmented. This paper provides a systematic review of the empirical literature concerning high-growth firms with a focus on the strategic aspects contributing to growth. Based on our review of 39 articles, we identify five drivers of high growth: human capital, strategy, human resource management, innovation, and capabilities. These drivers are combined to develop a conceptual model of high-growth firms that includes potential contingency factors among the five drivers. We also propose a research agenda to deepen the study of high-growth firms in strategic management.

Item Type:
Journal Article
Journal or Publication Title:
Long Range Planning
Additional Information:
This is the author’s version of a work that was accepted for publication in Long Range Planning. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Long Range Planning, 50, 4, 2017 DOI: 10.1016/j.lrp.2016.09.004
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Deposited On:
24 Nov 2016 12:04
Last Modified:
05 Dec 2022 00:29