20.500.12556/RUL-143649 Triggers of different types of firm growth Authors define and explain firm growth as its transition from current position to short-term or long-term equilibrium motivated by profit maximisation. They allocate growing firms into six groups according to their growth type based on different dimensions of firm growth, i.e. growth of labour, growth of capital, growth of the volume of business, and growth of profit. Given that the typology of growing firms employed for the purpose of this paper is based on micro-economic theory, the triggers and their hypothesized relevance in explaining short-term and long-term growth patterns are also grounded in microeconomic theory. Accordingly, the authors study growth triggers in the form of the firm's technical and allocative (in)efficiency, its disequilibrium market position within a respective industry and the industry's market position relative to other industries. They thus assume that firm growth is either based on the utilization of firm's internal resources or is a result of favourable market conditions and hypothesize that the probability of a firm belonging to a particular type of growth is explained (i) with firm's internal efficiency, (ii) those market conditions that can be altered by the decisions adopted by management and (iii) those market conditions that are independent from the actions of management. The authors explore these triggers of three types of short-term growth, long-term growth, unsuccessful growth and downsizing, using data for 41,529 Slovenian firms in the 2007e2012 period. Results show that firm growth in Slovenia exhibits theoretically expected links between growth types and their triggers and also have relevant managerial implications. growth types firm growth triggers technical efficiency allocative efficiency market conditions podjetje poslovanje podjetja ekonomska rast enterprises company performance economic growth true false true Angleški jezik Slovenski jezik Članek v reviji 2023-01-05 10:39:30 2023-01-05 10:42:36 2023-01-06 03:34:06 0000-00-00 00:00:00 2022 0 0 Str. 187-195 iss. 3 (art. 6) Vol. 24 Sep. 2022 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 2022-09-15 005.3 2335-4216 10.15458/2335-4216.1304 121658371 Triggers_of_Different_Types_of_Firm_Growth.pdf Triggers_of_Different_Types_of_Firm_Growth.pdf 1 52AB3C859D5D41571524F0048C5730BE e4801ad4150f99a09c1ac7bb775f26b9fa7d8eac07c0e3801de045c474f98129 0580c2cd-8cdd-11ed-9c94-00155dcfd717 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=165486 https://www.ebrjournal.net/home/vol24/iss3/6/ 1 a5f2aecd-8cdc-11ed-9c94-00155dcfd717 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=165485 Ekonomska fakulteta 0 0 0