Characteristics of firms that grow from small to medium size

The views expressed in the articles are those of the authors and do not necessarily reflect the views of Statistics Canada. [...] The foundation of this study is the analysis of firms that have made the transition from small to medium in our surveys: the Survey of Innovation 1999, the Research and Development in Canadian Industry survey, the Biotechnology Use and Development Survey, the Survey of Advanced Technology in Canadian Manufacturing (1998) as well as the Longitudinal Employment Analysis Program—Small Area File (LEAP [...] While all of the companies that Results were successful in obtaining their desired funding were also For every company that had made the transition from small to successful in making the transition from small to medium, others medium by adhering to the “traditional” growth factors, there that had made the transition did so with various levels of funding was another that managed to do it by breakin [...] While founders and the first senior manager hired was Director of most of the firms interviewed that were in a niche did make the Everything else. [...] Enterprise lifecycle: Besides the nature of the industry or the control orientation of the leaders, not all managers want a Growth factors company to grow to medium size.