Peer-Reviewed Journal Details
Mandatory Fields
J.D. Levie and Lichtenstein, Benyamin B.
2010
March
A terminal assessment of stages theory: introducing a dynamic states approach to entrepreneurship
Published
Optional Fields
34
2
317
350
Stages of Growth models were the most frequent theoretical approach to understanding entrepreneurial business growth from 1962 to 2006; they built on the growth imperative and developmental models of that time. An analysis of the universe of such models (N=104) published in the management literature shows no consensus on basic constructs of the approach, nor is there any empirical confirmations of stages theory. However, by changing two propositions of the stages models, a new dynamic states approach is derived. The dynamic states approach has far greater explanatory power than its precursor, and is compatible with leading edge research in entrepreneurship.
10.1111/j.1540-6520.2010.00377.x
Grant Details
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