New environmental stimuli, challenges of entrepreneurial firms and growth leaps: evidences from multisector case studies
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Date
2010-09-07Author
Dixit, Mukund R.
Sharma, Sunil
Karna, Amit
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This paper conceptualises and delineates five challenges – faced by
entrepreneurial firms in responding to the stimuli for growth provided by the
new environment of globalisation, deregulation and liberalisation. It identifies
key managerial actions that lead to growth leaps in the context of these
challenges. It provides evidences from case studies in three different sectors –
software, aviation and energy – in support of its contention. It also articulates
how entrepreneurial firms miss the growth leap opportunity. Though the
literature is replete with studies on enterprise growth, the knowledge about
challenges in responding to growth stimuli provided by the new environment is
limited. This paper is a contribution in this direction.
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