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Toward a Theory of Small Firm Performance: A Conceptual Model

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  • Barbara W. Keats
  • Jeffrey S. Bracker

Abstract

A conceptual model of small firm performance is developed based on extant theory in strategy, entrepreneurship and organization theory. It provides a framework for the study of the interrelationships among entrepreneurial characteristics, contextual factors and performance outcomes. It is considered a first step toward a limited domain theory of small firm performance.

Suggested Citation

  • Barbara W. Keats & Jeffrey S. Bracker, 1988. "Toward a Theory of Small Firm Performance: A Conceptual Model," Entrepreneurship Theory and Practice, , vol. 12(4), pages 41-58, April.
    • Handle: RePEc:sae:entthe:v:12:y:1988:i:4:p:41-58
    DOI: 10.1177/104225878801200403
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    References listed on IDEAS

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    1. Gregory G. Dess & Richard B. Robinson, 1984. "Measuring organizational performance in the absence of objective measures: The case of the privately‐held firm and conglomerate business unit," Strategic Management Journal, Wiley Blackwell, vol. 5(3), pages 265-273, July.
    2. M. F. R. Kets De Vries, 1977. "The Entrepreneurial Personality: A Person At The Crossroads," Journal of Management Studies, Wiley Blackwell, vol. 14(1), pages 34-57, March.
    3. Jeffre Y. S. Bracker & John N. Pearson, 1986. "Planning and financial performance of small, mature firms," Strategic Management Journal, Wiley Blackwell, vol. 7(6), pages 503-522, November.
    4. Wayne Long, 1983. "The Meaning of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 8(2), pages 47-59, October.
    5. Bert F. Hoselitz, 1952. "Entrepreneurship and Economic Growth," American Journal of Economics and Sociology, Wiley Blackwell, vol. 12(1), pages 97-111, October.
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    Cited by:

    1. Adli Abouzeedan, 2010. "The Factorial Mirror (FAM) Concept of Small and Medium-sized Enterprises (SMEs) and the Firm Impact Sphere (FIP)," Global Business Review, International Management Institute, vol. 11(1), pages 35-64, January.
    2. Morris, Michael H. & Sexton, Donald L., 1996. "The concept of entrepreneurial intensity: Implications for company performance," Journal of Business Research, Elsevier, vol. 36(1), pages 5-13, May.
    3. Balabanis, George I. & Katsikea, Eva. S., 2003. "Being an entrepreneurial exporter: does it pay?," International Business Review, Elsevier, vol. 12(2), pages 233-252, April.
    4. Drolet, Steve & LeBel, Luc, 2010. "Forest harvesting entrepreneurs, perception of their business status and its influence on performance evaluation," Forest Policy and Economics, Elsevier, vol. 12(4), pages 287-298, April.

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