Strategic Decision Making and Firms in Growth Stage

α
Hector Montiel Campos
Hector Montiel Campos
σ
Alejandro Magos Rubio
Alejandro Magos Rubio
ρ
Francisco A. Aguilar Valenzuela
Francisco A. Aguilar Valenzuela
Ѡ
Gerardo Haces Atondo
Gerardo Haces Atondo
α Universidad de las Américas Puebla Universidad de las Américas Puebla

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Strategic Decision Making and Firms in Growth Stage

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Abstract

This paper shows partial results from a project research about Strategic Decision Making (SDM) of firms in different stages of the organizational life cycle. SDM has been studied in the context of the firms. However, there is not enough knowledge about how the entrepreneurs make strategic decisions when the firm is in a growth stage. The objective of this research was to examine the effects of specific factors associated with the decision maker influencing Entrepreneurial Orientation (EO) and how the EO influences the firm´s performance. The results were achieved by using empirical data from 173 firms in the growth stage. The results show that SDM has an effect on EO, and that there is a significant relation between EO and firm performance. The paper concludes with a discussion about the results and suggestions for future research of this topic.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Hector Montiel Campos. 2014. \u201cStrategic Decision Making and Firms in Growth Stage\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 14 (GJMBR Volume 14 Issue A4): .

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Version of record

v1.2

Issue date

June 6, 2014

Language
en
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This paper shows partial results from a project research about Strategic Decision Making (SDM) of firms in different stages of the organizational life cycle. SDM has been studied in the context of the firms. However, there is not enough knowledge about how the entrepreneurs make strategic decisions when the firm is in a growth stage. The objective of this research was to examine the effects of specific factors associated with the decision maker influencing Entrepreneurial Orientation (EO) and how the EO influences the firm´s performance. The results were achieved by using empirical data from 173 firms in the growth stage. The results show that SDM has an effect on EO, and that there is a significant relation between EO and firm performance. The paper concludes with a discussion about the results and suggestions for future research of this topic.

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Strategic Decision Making and Firms in Growth Stage

Hector Montiel Campos
Hector Montiel Campos Universidad de las Américas Puebla
Alejandro Magos Rubio
Alejandro Magos Rubio
Francisco A. Aguilar Valenzuela
Francisco A. Aguilar Valenzuela
Gerardo Haces Atondo
Gerardo Haces Atondo

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