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Table 1 A comparison between the two groups of no/slow growth and fast growth companies

From: Challenges facing small-firm managers in growing manufacturing firms

Study Focus of study/number of employees Sex/age Time as manager Empirical data
No/slow growth 6 owner-managers Male/between 43 and 58 years Between 1 and 28 years 1 week of observation
−3 % in average increase turnover 6 years prior to observation (17–43 employees) A total of approx. 12,240 min of observation. A total number of 1634 activities documented
Manufacturing industry
Range −61 to +28 % Average 26 employees Average 49 years Average 14 years Data collected in 2002/2003
Fast growth 6 owner-managers Male/between 35 and 65 years Between 3 and 20 years 3 days observation
+241 % in average increase in turnover 6 years prior to observation (10–38 employees) A total of approx. 7500 min of observation (+2 days of observation of 4 of the managers (approx. 67 h) by master students). A total number of 855 activities (+418 activities by stud.) documented
Manufacturing industry
Range +93 to +406 % Average 24 employees Average 49 years Average 12 years
Data collected in 2006/2007