What do we think Growth Engine is?

We surveyed different streams of literature including opportunity; exploration and exploitation; resources accumulation and depletion; and entrepreneur’s cognitive theories. We developed an integrated causal model for the dynamics that can possibly drive the growth of SMEs. To investigate this model three case studies for consumer goods are conducted. The data collection is still ongoing, once it is finished a formal system dynamic model will be developed and revised to ensure the internal consistency of the explanatory theoretical framework. 

The initial model shows the importance of the following dynamic causal loops for understanding the growth phenomenon: