How small business managers’ age and focus on opportunities affect business growth: A mediated moderation growth model

Publikation: Beiträge in ZeitschriftenÜbersichtsarbeitenForschung


Research on business growth has been criticized for methodological weaknesses. We present a mediated moderation growth model as a new methodological approach. We hypothesized that small business managers’ age negatively affects business growth through focus on opportunities.
We sampled 201 small business managers and obtained firm performance data over 5 years, resulting in 836 observations. Growth modeling showed systematic differences in firm performance trajectories. These differences could be explained by modeling focus on opportunities as a mediator of the relationship between small business managers’ age and business growth. The study illustrates how mediation models can be tested using growth modeling.
ZeitschriftJournal of Small Business Management
Seiten (von - bis)460-483
Anzahl der Seiten24
PublikationsstatusErschienen - 07.2017