Abstract

Resources and growth orientation are considered to be important factors of firm growth, and thus they have been targeted by several studies. Both resources and growth orientation have strong theoretical backgrounds and have obtained empirical support as determinants of growth. However, they have generally been studied separately and only rarely within a single study. In this paper, we construct a model for growth that combines the resource-based view of the firm and growth motivation approach, and test it on small high-technology ventures. We assume that the dimensions of firm resources and growth orientation can be conceptualized as two distinct higher level constructs, and we set forth to study their direct and interaction effects on firm growth.

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