In summary, the study by Sivadasan unveils the intricate tapestry of firm growth, revealing that while organic strategies—such as expanding operations—fuel growth, it is the transactional strategies, like mergers, that significantly enhance future survival prospects. The shadows of the 2008 financial crisis challenged firms, yet many emerged resilient, continuing to explore growth opportunities. Notably, the aging of firms presents an ironic twist, where larger, younger companies grow slower, reinforcing the notion that managerial expertise limits expansion. Ultimately, these insights should guide policymakers and business leaders to promote sustainable growth through careful investment in both emerging and established firms.
Unraveling Growth: Surprising Insights from a New Study on Business Expansion Strategies
