Why only some SMEs Grow?

Since 1960‘s SMEs growth stimulated significant research interest. However no explanatory model of SMEs growth been adequately developed in literature, due to the complexity of the growth phenomenon. In this study, we respond to the call for inclusive of dynamic state model (Davidsson, 2010; Levie & Lichtenstein, 2010) and aim to develop an explanatory model that explains why some SMEs grow and other’s do not.

What do we know so far?

Research Design

What do we think Growth Engine is?

Further readings