O1 Abstract
Entrepreneurial Growth Intention and Firm Performance : A Meta-Analysis on the Role of Institutions (2024)
Hakola, D., & Ilyas, I. M. (2024). Entrepreneurial Growth Intention and Firm Performance : A Meta-Analysis on the Role of Institutions. In S. Taneja (Ed.), Annual Meeting Proceedings : Chicago 2024 (2024). Academy of Management. Academy of Management Annual Meeting Proceedings. https://doi.org/10.5465/AMPROC.2024.19626abstract
JYU authors or editors
Publication details
All authors or editors: Hakola, Daria; Ilyas, Imran Muhammad
Parent publication: Annual Meeting Proceedings : Chicago 2024
Parent publication editors: Taneja, Sonia
Conference:
- Academy of Management Annual Meeting
Place and date of conference: Chicago, IL, USA, 9.-13.8.2024
Journal or series: Academy of Management Annual Meeting Proceedings
ISSN: 0065-0668
eISSN: 2151-6561
Publication year: 2024
Publication date: 09/07/2024
Volume: 2024
Issue number: 1
Publisher: Academy of Management
Publication country: United States
Publication language: English
DOI: https://doi.org/10.5465/AMPROC.2024.19626abstract
Publication open access: Not open
Publication channel open access:
Abstract
Academics, policy-makers, and practitioners view firm growth as a positive hallmark of entrepreneurship and venture performance. Yet, some scholars warn against blindly pursuing growth and stress the importance of prioritizing profitability. While entrepreneurship scholars mostly agree on the positive effect of growth intention on firm growth, its effect on profitability is unclear. To address this issue, we conduct a meta-analysis of 66 independent samples from 23 countries to examine the effect of entrepreneur’s growth intention on firm growth and profitability, and the moderating effect of formal and informal institutional factors. Our results show that growth intention has a positive significant effect on firm growth but is not significant for profitability. Furthermore, entrepreneurship education and performance orientation support while financial market development and assertiveness in culture hinder the positive influence of growth intention on firm performance.
Keywords: enterprises; growth companies; profitability; entrepreneurs; institutions (social mechanisms); meta-analysis
Contributing organizations
Ministry reporting: Won't be reported
