Publication

How Small Business Managers’ Age and Focus on Opportunities Affect Business Growth: A Mediated Moderation Growth Model

Gielnik, M. M., Zacher, H. & Schmitt, A., 1-Jul-2017, In : Journal of Small Business Management. 55, 3, p. 460-483 24 p.

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DOI

Research on business growth has been criticized for methodological weaknesses. We present a mediated moderation growth model as a new methodological approach. We hypothesized that small business managers’ age negatively affects business growth through focus on opportunities. We sampled 201 small business managers and obtained firm performance data over 5 years, resulting in 836 observations. Growth modeling showed systematic differences in firm performance trajectories. These differences could be explained by modeling focus on opportunities as a mediator of the relationship between small business managers’ age and business growth. The study illustrates how mediation models can be tested using growth modeling.

Original languageEnglish
Pages (from-to)460-483
Number of pages24
JournalJournal of Small Business Management
Volume55
Issue number3
Publication statusPublished - 1-Jul-2017
Externally publishedYes

ID: 50163334