Fighting scaling challenges with internal means: A paradox
Van Lancker, Evy Collewaert, Veroniek Anseel, Frederik
Van Lancker, Evy
Collewaert, Veroniek
Anseel, Frederik
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Conference Proceeding
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2020
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Academy of Management Proceeding
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Abstract
While high-growth firms are important providers of innovation, employment, and wealth, it is not clear how a young firm’s top management team navigates the process of scaling their business into such a firm. One particular challenge young firms must learn to overcome if they want to grow is the ‘people’ challenge. This paper studies the boundary conditions of the adoption of high-performance work practices as a means to help overcome the growing pains of these firms. Building on the attention-based view, we show that the adoption of these practices uncovers a paradox which is subject to the influence of financial performance and the team’s previous entrepreneurial experience."
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Young Firms