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Time, Growth, Complexity, and Transitions: Entrepreneurial Challenges for the Future

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  • Dennis P. Slevin
  • Jeffrey G. Covin

Abstract

This paper presents a model that depicts the relationships between time, complexity, and transitions in the context of high-growth new ventures or stable ventures that have been forced into radical change as a consequence of environmental conditions. This model treats time as an unrelenting driving force that requires organizational change and adaptation. Key parameters affecting transitions needed by successful organizations are explored, as are the rates at which these changes are accomplished. It is proposed that managers should seek to minimize overall transition time by making any required quantum changes to the organizational system quickly. Such changes are argued to best ensure the rapid reestablishment of viable organizational gestaits.

Suggested Citation

  • Dennis P. Slevin & Jeffrey G. Covin, 1998. "Time, Growth, Complexity, and Transitions: Entrepreneurial Challenges for the Future," Entrepreneurship Theory and Practice, , vol. 22(2), pages 53-68, January.
    • Handle: RePEc:sae:entthe:v:22:y:1998:i:2:p:53-68
    DOI: 10.1177/104225879802200205
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    References listed on IDEAS

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    1. Ari Ginsberg, 1988. "Measuring and modelling changes in strategy: Theoretical foundations and empirical directions," Strategic Management Journal, Wiley Blackwell, vol. 9(6), pages 559-575, November.
    2. Danny Miller, 1982. "Evolution And Revolution: A Quantum View Of Structural Change In Organizations," Journal of Management Studies, Wiley Blackwell, vol. 19(2), pages 131-151, April.
    3. Henry Mintzberg, 1990. "The design school: Reconsidering the basic premises of strategic management," Strategic Management Journal, Wiley Blackwell, vol. 11(3), pages 171-195, March.
    4. Richard A. Bettis & Michael A. Hitt, 1995. "The new competitive landscape," Strategic Management Journal, Wiley Blackwell, vol. 16(S1), pages 7-19.
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    Cited by:

    1. Atzmon, Morane Batya & Vanderstraeten, Johanna & Albers, Sascha, 2022. "Small-firm growth-enabling capabilities: A framework for young technology-based firms," Technovation, Elsevier, vol. 117(C).
    2. Luís Marques & João J. Ferreira & Sascha Kraus & Raj Mahto, 2022. "Organizational Antecedents of Corporate Entrepreneurship: A Quantitative Investigation from Portugal," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 31(3), pages 483-513, November.
    3. A. Rebecca Reuber & Eileen Fischer, 2002. "Foreign Sales and Small Firm Growth: The Moderating Role of the Management Team," Entrepreneurship Theory and Practice, , vol. 27(1), pages 29-45, January.
    4. Anamaria Diana Herte & Daniel Badulescu, 2020. "Start-Ups And Internationalisation: The Case Of Romania. Part 1. Theoretical Overview," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 5(2), pages 92-101, September.
    5. Christian Lechner & Christophe Leyronas, 2009. "Small–Business Group Formation as an Entrepreneurial Development Model," Entrepreneurship Theory and Practice, , vol. 33(3), pages 645-667, May.

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