Week 3 papers

Question 1

What is the study from (Barringer & Jones, 2004) about?

Answer 1

Rapid-growth firms

Question 2

What do (Barringer & Jones, 2004) find?

Answer 2

1) founders of rapid-growth firms are better educated, and have better entrepreneurial stories.
2) Rapid-growth firms actively participate in inter-organizational relationships

Question 3

What are important attributes for rapid growth firms according to (Barringer & Jones, 2004)?

Answer 3

Characteristics of founders, firm attributes, business practices, and HRM practices

Question 4

What is the study of (Hambrick & Crozier, 1985) about?

Answer 4

The problems of managing a rapid-growth firm.

Question 5

What are the four fundamental challenges according to (Hambrick & Crozier, 1985)?

Answer 5

1) Instant size: creates problems of disaffection
2) A sense of infallibility: they view their strategies as infallible
3) Internal turmoil: firm is under great strain
4) Extraordinary resource: rapid-growth firms are often cash-starved