Online Content
1 entry found
Number of results to display per page
Search Results
1. Bianchi, Carmine with Graham Winch, "‘Stunted Growth’ in Small Firms: How to Turn Them Round and Unleash Their Potential"
- Type:
- Document
- Date Created:
- 2005 July 17-2005 July 21
- Collection:
- System Dynamic Society Records
- Collecting Area:
- University Archives
- Collection ID:
- ua435
- Parent Record(s):
- 23d738ba88f8333bc39725f9cb5bd0b8, 3c582e6f5cf305ef0030c7471b499022, and cc5bb0ac12a5b68b26b1583548898dae
- Thumbnail Path Ss:
- /downloads/xg94j685p?file=thumbnail
- System Modified Dtsi:
- 2020-01-02T19:31:20Z
- Description:
- The phenomenon of dwarf or stunted small and micro firms (in Italian nanismo aziendale) is recognised in the small business literature. These are firms that have survived through many years, maybe many generations, providing their owners with acceptable returns and lifestyles, but have remained very small. They might therefore represent potential lost opportunities for owners and, given the importance of the SME sector, local employment and economies. A system dynamics model replicating the basic no-growth, cyclical behaviour attributed to stunted SMEs is firstly analysed. Alternative policies arising from different entrepreneurial views and aimed at changing behaviour to one of stability or steady growth, are then tested and analysed. In this relatively simple form, the model does link behaviours to system structure and could support individual entrepreneurs in understanding the reasons for dwarfism in their firm and the potential for unleashing growth. It could also form the basis for a more detailed model to support the identification and evaluation of strategic alternatives in individual firms.