Behavioral Criteria

  1. Firms need to be fast growing. Fast growing firms need to show at least twenty percent growth rate in sales value for at least three consecutive years.

  2. Firm growth need to be opportunity driven rather than demand driven. At least for significant part of the firm’s life.

  3. The existence of different exploration and exploitation initiatives throughout the life of the firm.

  4. At least five opportunities implementation attempts. Opportunities will be limited exclusively to the five forms of Schumpeterian opportunities.

  5. It  is even more interesting if the firm have experienced ultimate plateau, where it stopped pursuing new opportunities, and growth is exclusively demand driven.