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Success Factors of Swedish Sequential Gazelle Companies: A study on differentiating firm attributes and the significance of using external professional business services
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
2017 (English)Independent thesis Advanced level (professional degree), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Small and medium-sized enterprises (SMEs) are big contributors to today’s business

environment and the society as a whole, and their contributions are highly valued.

Gazelle companies can be seen as the most successful SMEs and hence the interest to

analyze them. Far from all companies succeed to maintain a profitable growth and

recieve the Gazelle title sequential times. Due to this, this research aims to answer the

question what differentiates sequential Gazelle companies from one time Gazelle

companies. In Sweden, the Gazelle title is announced to companies who fulfill certain

criteria, meaning that they are homogenous in many ways. However, there must be

some differences since some succeed to maintain the title whereas others do not. By the

following research question, this research intends to identify some of these

differentiating attributes.

Is there a difference between sequential Gazelle companies and one time

Gazelle companies regarding the chosen firm attributes?

Existing research show that one common factor behind maintained profitable growth is

the ability to ask for help in fields where management competence is lacking. It is

argued that this help can be in form of external professional business services and hence

this research intends to answer this second research question:

Do usage of external professional business services contribute to sequential

Gazelle title?

Since the ability to maintain profitable growth is discussed to depend on internal

competence and knowledge, or lack thereof, Resource-Based Theory is found to be an

appropriate explanation tool. This theory is supported by the Stages of Growth model to

further explain the development of the firms.

This research had a quantitative method where a survey was used to collect data. In

order to accept/reject the formed hypotheses, the data was imported to SPSS where it

was statistically tested in two separate logistic regressions. The results of this research

statistically show that the mixture of the included firm attributes do differ between

sequential Gazelle companies and one time Gazelle companies. However, the test

proved nonsignificant when examining the usage of external professional services. This

means that even though there were indications of high importance, one cannot

statistically argue that usage of external professional business services leads to

sequential Gazelle title.

Place, publisher, year, edition, pages
2017. , 126 p.
Keyword [en]
Gazelle companies, Firm attributes, external help, external professional business services
Keyword [sv]
Gasellföretag, extern hjälp
National Category
Business Administration
Identifiers
URN: urn:nbn:se:umu:diva-136626OAI: oai:DiVA.org:umu-136626DiVA: diva2:1112644
External cooperation
Anonym
Educational program
International Business Program
Supervisors
Examiners
Available from: 2017-06-21 Created: 2017-06-20 Last updated: 2017-06-21Bibliographically approved

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf