Summary: | Acknowledgements: We would like to thank the Norwegian Royal Ministry of Industry and the Bodø Graduate School of Business for the financial support that made this research possible. We would also like to thank the Society of Associated Researchers in Entrepreneurship under whose auspices the data for this study was collected. An earlier version of this paper was presented at the 3rd Annual Global Entrepreneurship Conference, Lyon, France, March 1993.The present research investigated: (1) the relationship between entrepreneurs’ growth intentions and actual firm growth, (2) the stability of growth intentions, and (3) the relationship between changes in intentions and actual firm growth. Using a longitudinal design, data were collected from Norwegian entrepreneurs for 1990 and 1992. The results indicate that growth intentions may be used to predict actual growth, that past intentions are related to later intentions, and that changes in growth intentions are associated with changes in growth patterns.
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