Performance and growth dynamics in young service firms: an exploratory study
This paper explores, over a period of ten years since their creation, the initial growth process of a sample of 16 young French innovative firms active in two service industries: ICT and real estate. Mainly rooted in an original dynamic analysis using a set of multivariate indicators of growth, the study highlights the growth trajectories of young companies. As a result, the analysis found out heterogeneous growth trajectories among the firms of the sample, from these we draw an emerging typology of models of development of micro size enterprises (MSEs). The sector of activity does not seem to affect the development patterns identified.