Empirical research on high-growth entrepreneurship: a literature review and Latam research agenda
Date
2021
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Article
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Abstract
Purpose: Given the lack of theoretical and empirical research on high-growth entrepreneurship in developed and developing economies, this research answer (a) What are the main definitions and typologies used to explain the high-growth phenomenon? (b) How could be described the highgrowth entrepreneurs’ life cycle? and (c) What are the main findings and limitations in the empirical research of high-growth entrepreneurship?
Design/methodology/approach: To advance the study of high-growth entrepreneurship and provide a means through which these advancements can contribute to our understanding of how this phenomenon is defined, we organize and review the extant literature based on the foundational definition of entrepreneurship, the typologies used to describe it, and the phases of new venture process. The final sample of this methodology consisted of 54 empirical works that explore this issue from 2010 to 2020.
Findings: This research makes progress in exploring high-growth entrepreneurship and providing a compressive overview of this phenomenon based on standardized global surveys. This research has provided an overview of the high-growth ventures, presenting a research plan based on empirical findings and limitations.
Practical implications: The frameworks developed could be used for both policymakers as
entrepreneurs to understand the variables that affect the entrepreneurial life cycle and how they
could increase the likelihood of survival of new firms in developed and developing economies.
Originality/ Value: The review provides the definitions and entrepreneurial typologies used to describe the high-growth phenomenon, bridging unconnected theoretical frameworks, and proposing an integrated view to exploring the phenomena in a new setting.
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Citation
Diaz Tautiva, J.A. (2021), "Empirical research on high-growth entrepreneurship: a literature review and Latam research agenda", Management Research, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/MRJIAM-09-2021-1231
Keywords
Latin America, Research agenda, High growth entrepreneurship, Empirical studies