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Problems of Success?: How Swedish gazelles respond to challenges in their economic and social contexts in sustaining growth
Linnaeus University, School of Business and Economics, Department of Marketing.
Linnaeus University, School of Business and Economics, Department of Marketing.
2014 (English)Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Purpose - The purpose of this thesis is to describe and explain how Swedish gazelle firms, as representatives of high growth SMEs, respond to challenges in their economic and social contexts in sustaining growth. Furthermore, the purpose is to provide relevant and valuable recommendations to managers of rapidly growing companies. Finally, this thesis aims at providing suggestions for further research.

Method - This research was conducted following a multiple case study research design, constituting four companies. Data derives particularly from semi-structured interviews, held with the owners/CEOs of the four case companies.

Findings – Taking a combined resource-based and institution-based view, the study shows that even though the importance of commitment to social issues for SMEs increases through periods of rapid growth, the importance is still somewhat limited for the overall success of the firm. Hence, mainly focusing on the economic context is essential for the firm‘s success, albeit the social context becomes an increasingly important factor to bear in mind for runners of SMEs, particularly when it comes to future expansion.

Practical implications - For owners and managers of rapidly growing SMEs, it is vital to form a profound understanding of the challenges that can emerge after a period of rapid growth as well as how to how to most adequately respond to those challenges. For this, it greatly helps if a long-term vision on how and how much to grow is developed before the firm enters its period of rapid growth. Moreover, firm owners need to have or develop significant leadership capabilities in order to deal with the increasing amount of and diversity regarding employees.

Keywords - Rapid growth firms, Gazelles, Strategic management, CSR, Growth, SMEs

Place, publisher, year, edition, pages
Keyword [en]
Rapid growth firms; Gazelles; Strategic management; CSR; Growth; SMEs
National Category
Business Administration
URN: urn:nbn:se:lnu:diva-35947OAI: diva2:732544
Subject / course
Business Administration - Marketing
Educational program
International Business Strategy, Master Programme 60 credits
Available from: 2014-07-04 Created: 2014-07-04 Last updated: 2014-07-04Bibliographically approved

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Master Thesis Johansson & Rottier(1364 kB)161 downloads
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