Support for Rapid-Growth Firms: A Comparison of the Views of Founders, Government Policymakers, and Private Sector Resource Providers

Posted: 24 Nov 2009

See all articles by Eileen Fischer

Eileen Fischer

York University - Schulich School of Business

A. Rebecca Reuber

affiliation not provided to SSRN

Date Written: 2003

Abstract

This article considers how rapid-growth should besupported, specifically, the role of government. The goal of the research wasto develop a theoretical basis on which to identify guidelines for supportingrapid-growth firms on the basis of the perspectives of firm owners, policymakers, and private-sector resources providers (such as venture capitalists,bankers, and consultants). Interviews, responses to written questionnaires, andtranscripts of group discussions by a small number of firm owners, policymakers, and private-sector resources providers were collected and analyzedqualitatively to identify each group's perspectives. Analysis revealed that each group sees its role as critical. Policy makersand external resources providers have incentives to interact with rapid-growthfirms. Rapid-growth firms have incentives to obtain advice from governmentsources and external resources providers, but they prefer to obtain advice fromtheir peers. The findings suggest a network-bases approach to the support ofrapid-growth firms. (TNM)

Keywords: Firm growth, Attitudes, Public policies, Social networks, High growth firms

Suggested Citation

Fischer, Eileen and Reuber, A. Rebecca, Support for Rapid-Growth Firms: A Comparison of the Views of Founders, Government Policymakers, and Private Sector Resource Providers (2003). University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship, Available at SSRN: https://ssrn.com/abstract=1511052

Eileen Fischer (Contact Author)

York University - Schulich School of Business ( email )

4700 Keele Street
Toronto, Ontario M3J 1P3
Canada

A. Rebecca Reuber

affiliation not provided to SSRN

No Address Available

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