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Growth intention was not related to entrepreneur's age.
Growth intention is considered an essential characteristic of entrepreneurial behavior and a key element in understanding venture development and growth (Sadler Smith et al. 2003).
Growth intention is a reduction of the subjective evaluation of the chances to achieve entrepreneurial success, and innovation novelty is a reduction of the potential embedded in the business idea itself.
The entrepreneur behind firm A has high intent to grow the firm, and, as argued previously, growth intention is seen as a necessity for firm growth (Kolvereid and Bullvag, 1996; Miner, 1990; Miner et al., 1989; Stam et al., 2012; Wiklund and Shepherd, 2003).
However, the lack of entrepreneurial growth intention limits the growth potential of the new firm.
The relationship between sex and business growth intention was not statistically significant.
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We think that the outlook for business investment is likely to be materially weaker than the OBR is currently predicting, with higher inflation and continued uncertainty over Brexit likely to stifle business growth intentions over the next year.
Fig. 2 Combinations of innovation novelty and growth intentions.
Results suggest that masculinity and femininity completely mediated the effect of sex on business growth intentions.
Firm type A, however, has both high growth intentions and innovation novelty at a regional level.
The items were averaged to yield a growth intentions score (Cronbach's reliability coefficient = 0.83).
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