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The impact of personal attitudes on the growth ambitions of small business owners
Author(s) -
Paul Braidford,
Ian M. Drummond,
Ian R. Stone
Publication year - 2017
Publication title -
journal of small business and enterprise development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.729
H-Index - 67
eISSN - 1758-7840
pISSN - 1462-6004
DOI - 10.1108/jsbed-02-2017-0035
Subject(s) - originality , positivism , value (mathematics) , marketing , entrepreneurship , critical realism (philosophy of perception) , small business , realism , sociology , public relations , business , economics , positive economics , social science , political science , epistemology , qualitative research , law , finance , philosophy , machine learning , computer science
\udPurpose\udThe purpose of this paper is to provide an empirical evidence in support of widespread calls for new approaches to understanding small business growth, by exploring the use of non-positivist methods (e.g. critical realism) to analyse how owners’ innate dispositions shape growth in practice.\ud\udDesign/methodology/approach\udIn 2014, a telephone survey was used to inform two focus groups and 29 in-depth interviews with small business owners throughout England, covering attitudes towards growth, the use of particular strategies and perceived barriers. Discourse analysis was used to develop a multi-layered explanatory model incorporating key ideas from critical realism and the work of Bourdieu.\ud\udFindings\udBourdieusian analysis reveals the existence of orientations among small business owners towards or against business growth. Such attitudes tend to impact upon their response to perceived barriers. Growth-inclined owners were willing to strategise for long-term benefit, in return for lower returns in the short term. Growth-resistant owners were more likely to view obstacles as absolute, stating that they cannot grow their firms as a result.\ud\udPractical implications\udRemoving or reducing obstacles may not encourage growth if motivations and attitudes of owners do not change to embrace more growth-oriented positions. Banks’ lending practices, for example, were seen by many as problematic, but growth-oriented owners were more willing to seek and use alternatives to raise funds for growth.\ud\udOriginality/value\udThe authors suggest that entrepreneurship researchers should look beyond positivist research to epistemologies that provide more multi-layered modes of explanation

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