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dc.contributor.authorSenderovitz, M.en
dc.contributor.authorKlyver, K.en
dc.contributor.authorSteffens, P.en
dc.identifier.citationInternational Small Business Journal, 2016; 34(4):391-411en
dc.description.abstractThis article examines variations in performance between fast-growth – the so-called gazelle – firms. Specifically, we investigate how the level of growth affects future profitability and how this relationship is moderated by firm strategy. Hypotheses are developed regarding the moderated growth–profitability relationship and are tested using longitudinal data from a sample of 964 Danish gazelle firms. We find a positive relationship between growth and profitability among gazelle firms. This relationship is moderated, however, by market strategy; it is stronger for firms pursuing a broad market strategy rather than a niche strategy. This study contributes to the current literature by providing a more nuanced view of the growth–profitability relationship and investigating the potential for the future performance of gazelle firms.en
dc.description.statementofresponsibilityMartin Senderovitz, Kim Klyver, Paul Steffensen
dc.publisherSAGE Journalsen
dc.rights© The Author(s) 2015en
dc.subjectGazelle firms; growth; profitability; strategyen
dc.titleFour years on: are the gazelles still running? a longitudinal study of firm performance after a period of rapid growthen
dc.typeJournal articleen
pubs.library.collectionEntrepreneurship, Commercialisation, and Innovation Centre publicationsen
dc.identifier.orcidSteffens, P. [0000-0002-9945-7304]en
Appears in Collections:Entrepreneurship, Commercialisation, and Innovation Centre publications

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