Alternative theories of small-firm growth: a critical review

P. N. O'Farrell, D. M W N Hitchens

    Research output: Contribution to journalArticlepeer-review

    200 Citations (Scopus)


    Models of small-firm growth derived within the industrial economics literature are evaluated together with stage models of growth and stochastic models. Social and psychological perspectives on growth are reviewed and the spatial dimension is also considered. Most previous theories of small-firm growth place too little emphasis upon the difficulties which small owner-managed firms have in meeting the competitive requirements of the marketplace. -from Authors

    Original languageEnglish
    Pages (from-to)1365-1383
    Number of pages19
    JournalEnvironment & Planning A
    Issue number10
    Publication statusPublished - 1988


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