Toward a Model of Understanding Strategic Decision-Making in Micro-Firms: Exploring the Australian Information Technology Sector

26 Pages Posted: 21 Dec 2009

See all articles by Leonardo Liberman-Yaconi

Leonardo Liberman-Yaconi

Queensland University of Technology - School of Management

Terrena Hooper

affiliation not provided to SSRN

Kate Hutchings

Queensland University of Technology - School of Management

Abstract

This study explores strategic decision-making (SDM) in micro-firms, an economically significant business subsector. As extant large- and small-firm literature currently proffers an incomplete characterization of SDM in very small enterprises, a multiple-case methodology was used to investigate how these firms make strategic decisions. Eleven Australian Information Technology service micro-firms participated in the study. Using an information-processing lens, the study uncovered patterns of SDM in micro-firms and derived a theoretical micro-firm SDM model. This research also identifies several implications for micro-firm management and directions for future research, contributing to the understanding of micro-firm SDM in both theory and practice.

Suggested Citation

Liberman-Yaconi, Leonardo and Hooper, Terrena and Hutchings, Kate, Toward a Model of Understanding Strategic Decision-Making in Micro-Firms: Exploring the Australian Information Technology Sector. Journal of Small Business Management, Vol. 48, Issue 1, pp. 70-95, January 2010. Available at SSRN: https://ssrn.com/abstract=1525075 or http://dx.doi.org/10.1111/j.1540-627X.2009.00287.x

Leonardo Liberman-Yaconi (Contact Author)

Queensland University of Technology - School of Management ( email )

Brisbane, Queensland 4001
Australia

Terrena Hooper

affiliation not provided to SSRN

Kate Hutchings

Queensland University of Technology - School of Management ( email )

Brisbane, Queensland 4001
Australia
(07) 38641251 (Phone)

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