Firm Size and Entrepreneurial Characteristics : Evidence from the SME Sector in Argentina

This study investigates the determinants of firm size. Data was collected in face-to-face structured-questionnaire interviews of 1314 firm founders from 14 counties in Argentina. Quantile regression was used as a more suitable methodology to measure the determinants of firm size. Our results show that the main sets of explanatory variables related to founder characteristics (age, experience, education, and vocation) provide a full explanation of firm size. We have also found evidence that a high degree strategic planning and a better competitive position are positively related to firm size as well. Finally, environmental factors were less representative.

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Bibliographic Details
Main Authors: de Jorge Moreno, Justo, Laborda Castillo, Leopoldo, de Zuani Masere, Elio
Format: Journal Article biblioteca
Language:EN
Published: 2010
Subjects:Firm Performance: Size, Diversification, and Scope L250, Entrepreneurship L260, Economic Development: Financial Markets, Saving and Capital Investment, Corporate Finance and Governance O160,
Online Access:http://hdl.handle.net/10986/5585
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Summary:This study investigates the determinants of firm size. Data was collected in face-to-face structured-questionnaire interviews of 1314 firm founders from 14 counties in Argentina. Quantile regression was used as a more suitable methodology to measure the determinants of firm size. Our results show that the main sets of explanatory variables related to founder characteristics (age, experience, education, and vocation) provide a full explanation of firm size. We have also found evidence that a high degree strategic planning and a better competitive position are positively related to firm size as well. Finally, environmental factors were less representative.