Lunch Seminar in presence

Building BL26 – Room 0.19 (ground floor)
Department of Management, Economics and Industrial Engineering
Via R. Lambruschini 4/B, 20156 Milano

Maksim Belitski
Loyola University New Orleans, USA

Abstract:

This study tracks firm excellence in the wild by exploring the phenomenon of exceptional firm performance, focusing on outliers that achieve ‘escape velocity’ and transcend typical growth metrics. Utilizing a mix of qualitative and quantitative data-driven approaches, we examine organizational, regional, and industry factors that contribute to a firm’s exceptional status. Our methodology involves collecting data on 14.9 million observations and 1,458,915 firms in the United Kingdom during 2001-2017 and probing the drivers of outlier firms. We adopt an abductive reasoning process, guided by previous findings on firm acceleration and growth, to explore potential factors influencing outlier emergence. This flexible approach enables us to delve into the dynamics of outlier development and formulate policy recommendations. To this end, our study examines the role of context in outlier emergence by focusing on factors that influence a firm’s likelihood of becoming an exceptional outlier, and demonstrating that exceptional performers can emerge at multiple levels, including the firm, industry, and ecosystem regional levels. Taken together, what we find expands our understanding of exceptional performers, shedding light on the mechanisms within a firm and its organizational context that generate such exceptional outcomes.

Maksim Belitski is Professor in Entrepreneurship and Innovation at Loyola University of New Orleans where he holds Gerald N. Gaston Eminent Chair in Entrepreneurship. He is a professor at Henley Business School and a Research Fellow at the Institute for Development Strategies, Indiana University, US and a Visiting Professor at ICD Business School, IGS Groupe in Paris. He teaches and researches Innovation and Market Entry, Financing for Entrepreneurship, MBA in Entrepreneurship and couching start-ups and SMEs in the Thames Valley region and New Orleans area. He is an editor of Small Business Economics Journal and associate editor of Journal of Business Research.

Please click here to register.