IDEAS home Printed from https://ideas.repec.org/a/eee/jbvent/v25y2010i3p274-289.html
   My bibliography  Save this article

'How do they plan for growth in auto component business?' - A study on small foundries of western India

Author

Listed:
  • Majumdar, Satyajit

Abstract

Entrepreneurs of small organisations describe growth differently. Growth strategy of these organisations is a function of industry structure and performance, entrepreneurial motivation, attitude, and competence of the entrepreneurs in strategy planning. The article based on Grounded Theory approach is an attempt in developing a theoretical framework on growth strategy planning in small entrepreneurial organisations. Two major patterns are emerging. In 'relationship based strategy' entrepreneurial vision towards strengthening relationship is the basis for growth planning. Trust, cooperation, community and society benefit are important dimensions. In 'technology based strategy' the entrepreneurs choose technology to achieve excellence in product and process performance, and need investment and risk bearing capability.

Suggested Citation

  • Majumdar, Satyajit, 2010. "'How do they plan for growth in auto component business?' - A study on small foundries of western India," Journal of Business Venturing, Elsevier, vol. 25(3), pages 274-289, May.
    • Handle: RePEc:eee:jbvent:v:25:y:2010:i:3:p:274-289
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0883-9026(08)00107-9
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Patrick T. Gibbons & Tony O'Connor, 2003. "Strategic Posture, Technology Strategy And Performance Among Small Firms," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 11(02), pages 131-146.
    2. Michael Porter, 2003. "The Economic Performance of Regions," Regional Studies, Taylor & Francis Journals, vol. 37(6-7), pages 549-578.
    3. Gregory G. Dess & G. T. Lumpkin & J. G. Covin, 1997. "Entrepreneurial strategy making and firm performance: tests of contingency and configurational models," Strategic Management Journal, Wiley Blackwell, vol. 18(9), pages 677-695, October.
    4. Inge Ivarsson & Claes Göran Alvstam, 2004. "International Technology Transfer to Local Suppliers by Volvo Trucks in India," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 95(1), pages 27-43, February.
    5. William Bygrave & Maria Minniti, 2000. "The Social Dynamics of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 24(3), pages 25-36, April.
    6. Inge Ivarsson & Claes Goran Alvstam, 2004. "International technology transfer through local business linkages: the case of Volvo Trucks and their domestic suppliers in India," Oxford Development Studies, Taylor & Francis Journals, vol. 32(2), pages 241-260.
    7. Rob Sims & John Breen & Shameem Ali, 2002. "Small Business Support: Dealing With The Impediments To Growth," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 10(04), pages 241-256.
    8. Patricia Phillips McDougall & Jeffrey G. Covin & Richard B. Robinson & Lanny Herron, 1994. "The effects of industry growth and strategic breadth on new venture performance and strategy content," Strategic Management Journal, Wiley Blackwell, vol. 15(7), pages 537-554, September.
    9. Diamanto Politis, 2005. "The Process of Entrepreneurial Learning: A Conceptual Framework," Entrepreneurship Theory and Practice, , vol. 29(4), pages 399-424, July.
    10. Michael E. Porter, 1991. "Towards a dynamic theory of strategy," Strategic Management Journal, Wiley Blackwell, vol. 12(S2), pages 95-117, December.
    11. Anderson, Dennis, 1982. "Small industry in developing countries: A discussion of issues," World Development, Elsevier, vol. 10(11), pages 913-948, November.
    12. John A. Murray, 1984. "A concept of entrepreneurial strategy," Strategic Management Journal, Wiley Blackwell, vol. 5(1), pages 1-13, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Oe, Akitsu & Mitsuhashi, Hitoshi, 2013. "Founders' experiences for startups' fast break-even," Journal of Business Research, Elsevier, vol. 66(11), pages 2193-2201.
    2. Cacciolatti, Luca & Rosli, Ainurul & Ruiz-Alba, José L. & Chang, Jane, 2020. "Strategic alliances and firm performance in startups with a social mission," Journal of Business Research, Elsevier, vol. 106(C), pages 106-117.
    3. Rodgers, Peter & Vershinina, Natalia & Khan, Zaheer & Stokes, Peter, 2022. "Small firms’ non-market strategies in response to dysfunctional institutional settings of emerging markets," International Business Review, Elsevier, vol. 31(4).
    4. Santiago Carbó-Valverde & Pedro J. Cuadros-Solas & Francisco Rodríguez-Fernández, 2022. "Entrepreneurial, institutional and financial strategies for FinTech profitability," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-36, December.
    5. Barbara Bird & Leon Schjoedt & J. Robert Baum, 2012. "Editor's Introduction. Entrepreneurs’ Behavior: Elucidation and Measurement," Entrepreneurship Theory and Practice, , vol. 36(5), pages 889-913, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Inge Ivarsson & Claes Göran Alvstam, 2010. "Upstream Control and Downstream Liberty of Action?," Review of Market Integration, India Development Foundation, vol. 2(1), pages 43-60, April.
    2. Hultman, Magnus & Oghazi, Pejvak, 2024. "On the (in)effectiveness of standardized versus adapted international promotion strategies: Evidence from entrepreneurial firms," Journal of Business Research, Elsevier, vol. 170(C).
    3. Duanmu, Jing-Lin & Fai, Felicia M., 2007. "A processual analysis of knowledge transfer: From foreign MNEs to Chinese suppliers," International Business Review, Elsevier, vol. 16(4), pages 449-473, August.
    4. Dimitratos, Pavlos & Lioukas, Spyros & Carter, Sara, 2004. "The relationship between entrepreneurship and international performance: the importance of domestic environment," International Business Review, Elsevier, vol. 13(1), pages 19-41, February.
    5. Dutta, Dev K. & Thornhill, Stewart, 2008. "The evolution of growth intentions: Toward a cognition-based model," Journal of Business Venturing, Elsevier, vol. 23(3), pages 307-332, May.
    6. Michael A. Hitt & David G. Sirmon & Yuan Li & Abby Ghobadian & Jean-Luc Arregle & Kai Xu, 2021. "Institutions, industries and entrepreneurial versus advantage-based strategies: how complex, nested environments affect strategic choice," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 25(1), pages 147-188, March.
    7. Joanna Scott-Kennel, 2007. "Foreign direct investment and local linkages: An empirical investigation," Management International Review, Springer, vol. 47(1), pages 51-77, February.
    8. Rosenbusch, Nina & Brinckmann, Jan & Bausch, Andreas, 2011. "Is innovation always beneficial? A meta-analysis of the relationship between innovation and performance in SMEs," Journal of Business Venturing, Elsevier, vol. 26(4), pages 441-457, July.
    9. Ian Goldin & Kenneth Reinert, 2005. "Global capital flows and development: A Survey," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 14(4), pages 453-481.
    10. Haiyang Li & Jun Li, 2009. "Top management team conflict and entrepreneurial strategy making in China," Asia Pacific Journal of Management, Springer, vol. 26(2), pages 263-283, June.
    11. Morgan, Robert E. & Strong, Carolyn A., 2003. "Business performance and dimensions of strategic orientation," Journal of Business Research, Elsevier, vol. 56(3), pages 163-176, March.
    12. Ivarsson, Inge & Alvstam, Claes Goran, 2005. "Technology transfer from TNCs to local suppliers in developing countries: A study of AB Volvo's truck and bus plants in Brazil, China, India, and Mexico," World Development, Elsevier, vol. 33(8), pages 1325-1344, August.
    13. Gao, Yang & Ge, Baoshan & Lang, Xiangxiang & Xu, Xiaobo, 2018. "Impacts of proactive orientation and entrepreneurial strategy on entrepreneurial performance: An empirical research," Technological Forecasting and Social Change, Elsevier, vol. 135(C), pages 178-187.
    14. Maria Minniti & William Bygrave, 2001. "A Dynamic Model of Entrepreneurial Learning," Entrepreneurship Theory and Practice, , vol. 25(3), pages 5-16, April.
    15. David Doloreux & David Rangdrol & Émilie Dionne, 2010. "Francophone Minority Economic Development in Canada: Addressing Political or Economic Issues?," Economic Development Quarterly, , vol. 24(2), pages 143-153, May.
    16. Francisco Javier Forcadell & Fernando Úbeda, 2022. "Individual entrepreneurial orientation and performance: the mediating role of international entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 875-900, June.
    17. Veith, Stefan & Werner, Jörg R. & Zimmermann, Jochen, 2009. "Capital market response to emission rights returns: Evidence from the European power sector," Energy Economics, Elsevier, vol. 31(4), pages 605-613, July.
    18. Galinato, Gregmar I. & Chouinard, Hayley H., 2018. "Strategic interaction and institutional quality determinants of environmental regulations," Resource and Energy Economics, Elsevier, vol. 53(C), pages 114-132.
    19. Harvey Goldstein & Karin Glaser, 2012. "Research universities as actors in the governance of local and regional development," The Journal of Technology Transfer, Springer, vol. 37(2), pages 158-174, April.
    20. Raquel Ortega-Argilés, 2022. "The evolution of regional entrepreneurship policies: “no one size fits all”," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 69(3), pages 585-610, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jbvent:v:25:y:2010:i:3:p:274-289. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbusvent .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.