How Small Business Managers’ Age and Focus on Opportunities Affect Business Growth: A Mediated Moderation Growth ModelGielnik, M. M., Zacher, H. & Schmitt, A., 1-Jul-2017, In : Journal of Small Business Management. 55, 3, p. 460-483 24 p.
Research output: Contribution to journal › Article › Academic › peer-review
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.
|Number of pages||24|
|Journal||Journal of Small Business Management|
|Publication status||Published - 1-Jul-2017|