Description:
In this extended and novel entrepreneurial analysis of small firm inception and growth, a leading authority in the field develops a new kind of 'micro-micro' analysis, applying rigorous methods from economics, accounting and finance to gain a deeper understanding of micro-firms, examining performance, hierarchy, capital structure, monitoring and control, flexibility, innovation, and information systems.
Review Quotes:
"The book examines a variety of issues: financial structure, flexibility, performance, contingency and information systems development, markets, human capital, technological change and business strategy. Using a number of econometric techniques, such as regression analysis, logit modelling and cluster analysis, the data analysis is totally empirically founded and strongly based on a variety of rigorous theories in economic and firm theory...
The book is mainly aimed at academics, to demonstrate rigour in the testing of theories and there are many. However the non-academic and non-economist can benefit from the very interesting conclusions in this book...
Overall, this book achieved its major objective, which was to consolidate all the results of Professor Reid's research in one place and link the different strands of the studies with a strong theoretical underpinning drawn from a number of different disciplines - economics, entrepreneurship and IS. It is well written." -- Rana Tassabehji, University of Bradford School of Management