An Empirical Test of a Stage of Growth Progression Model
提出技术型新创企业的四阶段增长模型（概念与开发、商业化、增长、稳定），基于71家计算机和电子企业的纵向数据，用预测分析方法检验了企业按该模型推进的假设，结果得到支持但并非所有企业都完全符合。
This paper presents a stage of growth model for technology based new ventures (TBNVs). TBNVs are postulated to evolve through four discrete stages of growth—Conception and Development, Commercialization, Growth, and Stability. Based on a longitudinal sample of 71 ventures in the computer and electronics industries, the hypothesis that TBNVs progress according to this model is tested using the del procedure for prediction analysis of cross-classification tables. The hypotheses are supported, although not all firms progressed as expected. These results suggest that some variation in interstage transition patterns are due to a progression imperative.