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General Features Of The Romanian Fast Growth Oriented Firms

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  • Nicolae BIBU
  • Diana SALA
  • Maria ALB

Abstract

This paper presents the general features of the firms facing rapid growth in the Romanian context. We have focused on turnover growth. The results show that firms that have achieved rapid growth prove both, a managerial and an entrepreneurial competence, enabling support for the rapid growth, compared to other firms that have failed this. The analysis of 153 firms oriented towards rapid growth, highlights some interesting aspects about the age the size and the field of activity of the fast growing firms from Romania. The relevance of this paper is the identification of the general features of the fast growing firms from Romania and the main fields in which these firms activate. It also represents a starting point for studying the managerial aspects that enable firms to overcome the rapid growth barriers in the Romanian context.

Suggested Citation

  • Nicolae BIBU & Diana SALA & Maria ALB, 2014. "General Features Of The Romanian Fast Growth Oriented Firms," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(1), pages 75-84, November.
    • Handle: RePEc:rom:mancon:v:8:y:2014:i:1:p:75-84
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    References listed on IDEAS

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    3. Jan de Kok & Haibo Zhou & Chantal Hartog & Peter van der Zwan, 2012. "The Risk of growing fast: does fast growth have a negative impact on the survival rates of firms?," Scales Research Reports H201209, EIM Business and Policy Research.
    4. Delmar, Frederic & Davidsson, Per & Gartner, William B., 2003. "Arriving at the high-growth firm," Journal of Business Venturing, Elsevier, vol. 18(2), pages 189-216, March.
    5. Barringer, Bruce R. & Jones, Foard F. & Neubaum, Donald O., 2005. "A quantitative content analysis of the characteristics of rapid-growth firms and their founders," Journal of Business Venturing, Elsevier, vol. 20(5), pages 663-687, September.
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    Cited by:

    1. Alb Maria, 2015. "An Analysis Of The Rapid Growth Factors Presented In The Literature Of The Field," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 257-263, January.
    2. Alb Maria, 2015. "Theoretical And Practical Considerations On Financial Autonomy And Balance Local Budgets In Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 239-245, February.

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