University of Oulu

Hänninen, K., Jokela, H., Saarela, M., Simunaniemi, A-M. (2017) Micro-Business Owner-Managers’ Growth Intentions in Sparsely Populated Areas in Northern Finland, Managing Global Transitions, Vol.15, No.1, pp.3-22.

Micro-business owner-managers’ growth intentions in sparsely populated areas in Northern Finland

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Author: Hänninen, Kai1; Jokela, Harri1; Saarela, Martti1;
Organizations: 1University of Oulu, Finland
Format: article
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 0.2 MB)
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Language: English
Published: University of Primorska Press, 2017
Publish Date: 2021-03-24


This research provides new information on the prerequisites for micro-firms operating in sparsely populated areas. Micro-business constitutes a numerically dominant group in every economy. In recent years, small businesses and small and medium enterprises, the latter two of which form the backbone of many countries’ economies, have attracted considerable re-search attention. This study has a twofold aim: (1) to highlight the scant attention paid by researchers to micro-enterprises and (2) to investigate the growth of independently owned micro-businesses and compare self-evaluated growth stages with the change in the turnover volume. This case study synthesises two empirical stage models into two self-evaluation frameworks used for 53 technology- and service-based firms. The results indicate that the selected growth stages correspond relatively well to the micro-businesses’ growth.

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Series: Managing global transitions
ISSN: 1581-6311
ISSN-E: 1854-6935
ISSN-L: 1581-6311
Volume: 15
Issue: 1
Pages: 3 - 22
Type of Publication: A1 Journal article – refereed
Field of Science: 512 Business and management
511 Economics
Funding: This study was carried out in collaboration with the Platform for Micro-Enterprise Growth project and was funded by the Council of Oulu Region and the European Regional Development Fund (ERDF).
Copyright information: This paper is published under the terms of the Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) License (