A problem‐based phenomenological growth model for small manufacturing firms
Journal of Small Business and Enterprise Development
ISSN: 1462-6004
Article publication date: 1 June 1999
Abstract
The development of small firms tends to follow certain growth patterns usually referred to as business growth models. This paper reports on the conceptualisation of a “problem‐based phenomenological life cycle model”, which delineates the growth pattern of micro and small manufacturing firms in Cyprus. The empirically validated model offers guidance to small business managers, financiers and advisers as to the challenges and growth complexities accompanying the transitions taking place in small businesses as they develop along their organisational life cycle. Enhanced understanding of the barriers to the development of small business contributes to the better design of policy initiatives that seek to foster the survival, sustainable growth and prosperity of small enterprises.
Keywords
Citation
Poutziouris, P., Binks, M. and Bruce, A. (1999), "A problem‐based phenomenological growth model for small manufacturing firms", Journal of Small Business and Enterprise Development, Vol. 6 No. 2, pp. 139-152. https://doi.org/10.1108/EUM0000000006674
Publisher
:MCB UP Ltd
Copyright © 1999, MCB UP Limited