INVESTIGATING FAST-GROWING COMPANIES FROM ROMANIA
INVESTIGATING FAST-GROWING COMPANIES FROM ROMANIA
Author(s): Diana Claudia Sala, Nicolae Aurelian BibuSubject(s): Economy
Published by: Risoprint
Keywords: Entrepreneur; fast-growing companies; growth; gazelle
Summary/Abstract: Fast-growing companies are companies that display rapid growth. They have several characteristics comparing with other non fast-growing companies. Talking about fast growth is not a simple thing. There are many studies about companies growth focused on why and how are growing (internally or externally). Our review literature revealed some key factors influencing rapid growth: entrepreneur characteristics, resources, location, economic context, internal management. We found many barriers to company growth coming from external environment. Not only large companies are growing fast. Every small firm has a potential to grow. Many of them are growth oriented firm. SMEs are growing because of entrepreneurs decisions. In Romania, SMEs sector has not developed as rapidly as expected. Fast-growing companies are important for local and regional development.
Journal: Managerial Challenges of the Contemporary Society
- Issue Year: 2011
- Issue No: 2
- Page Range: 16-22
- Page Count: 7
- Language: English