This thesis investigates the role of serendipity, effectuation, and entrepreneurial marketing in fast-growth entrepreneurial firms. Using a qualitative paradigm, multiple case studies and cross-country approaches, the study aims to explore the interrelationships among these constructs and answer the main research question relating to their contribution to fast growth. Semi-structured interviews were conducted with twenty fast-growth firms in New Zealand and Iran from a range of sectors, and causal mapping method was used to map out the growth trajectory of each firm. Causal maps enable the researcher to find in what manner the firms achieved fast growth and what factors contributed to their growth. The results suggest that serendipity is a precursor to fast growth and occurs generally at the start of a growth process. Serendipity is likely to take place at any stage of a firm life cycle, but more likely at the early stage of formation, alongside networks, pure luck, perseverance, environment and high-quality products and services. In addition to reviewing the three patterns of serendipity that are well-known in accidental scientific discoveries, we identify and introduce “Entrepreneurial Serendipity” as another distinctive pattern in entrepreneurship, whereby entrepreneurs look for any opportunity to start a business and explore an appropriate opportunity that comes along. Further analyses illustrate that entrepreneurs believe in the occurrence of serendipity in their day-to-day business; however, it indirectly contributes to fast growth mediated by two important elements: effectual thinking and entrepreneurial marketing. The causal maps demonstrate that the combination of effectuation and entrepreneurial marketing directly and indirectly lead to fast growth. A majority of fast-growth firms start business effectuatively, often with limited resources and relying on whatever available means they possess, but over time, they shift to causation logic with more planning and strategic decisions. Starting from an effectuation base, the participants had an entrepreneurial mindset at the outset and used specific tactics, such as an adapted marketing mix, relying on networks, innovation, ensuring a presence in the market, pro-activeness, and market intelligence through personal observation. These entrepreneurial marketing practices have led to fast growth and were widely employed by entrepreneurs, irrespective of firm size and age. The thesis sheds some light on how fast-growth firms achieve considerable growth by looking at the relationship of serendipitous opportunity exploration and effectuative exploitation using entrepreneurial marketing. It contributes to the literature on serendipity and its development in entrepreneurship, and identifies serendipitous sources of opportunity in fast growing firms. The study confirms that effectuation logic and entrepreneurial marketing are instruments by which entrepreneurs exploit new opportunities and market products or services. Entrepreneurs from both New Zealand and Iran share similar growth trajectories, however, some Iranian entrepreneurs believe that spiritual values are important in exploring new opportunities and achieving fast growth. Finally, the study confirms that growth may start with a serendipitous exploration and continues with effectuation logic and entrepreneurial marketing.

This thesis examines the influence of market, learning, and entrepreneurial orientation as sources of competitive advantage in fast-growth SMEs. It is taken that these three factors synergistically comprise an organization's business orientation, enhancing marketing capabilities and firm performance. In Australia, these firms tend to be emerging enterprises, usually less than 10 years of age, and comprise approximately 10% of all SMEs, contributing substantially to national revenue. Two studies (Study 1 and Study 2) were incorporated, utilizing a sequential explanatory design, which is characterized by undertaking quantitative data collection and analysis (path modelling), prior to conducting qualitative research (case studies/causal network modelling). Study 1 reveals that business orientations are significant antecedents to marketing capabilities. Accordingly, firms leverage advantages associated with a business orientation to strengthen their marketing capabilities. While superior marketing capabilities are important drivers of performance, these capabilities also mediate relationships between business orientation and performance. Without such capabilities, it appears that firm market, entrepreneurial and learning orientations provide little value to attainment of desired performance objectives. Fast growth SMEs invest in maintaining sound relationships with distributors and developing superior products/services for positional advantages. However, only product/service development capabilities contribute significantly to firm performance. Although Relationship Capabilities are related positively with Shared Vision (learning orientation) and Proactiveness (entrepreneurial orientation), this marketing capability dimension displays nonsignificant relationshi ps with performance measures. This finding suggests that even though FGF employees might have sound relationships with distributors/retailers, Relationship Capabilities are not a direct contributor to subjective measures of firm profitability, ROI, ROE, customer satisfaction, new product success, and overall marketing effectiveness, confirming that positional advantage does not necessarily lead to enhanced firm performance. In addition, marketing research, marketing management, marketing communications, and pricing are nonsignificant contributors within the context of the present hypothesized model. Study 2 extends the hypothesized model originating from Study 1. Based on an inductive analysis of case studies, qualitative findings reveal four significant qualities specific to these organizations: Leadership/CEO characteristics, human resource practices, organizational culture, and organizational climate. These characteristics can be regarded as intangible resources associated with fast-growth firms. These attributes appear to be significant antecedents to business orientation, marketing capabilities, customer value, and firm performance. Customer value features prominently. This model is also nonrecursive: firm performance sends a signal to potential employees and customers, impacting human resource related issues such as staff motivation, rewards, and recruitment. Successful firms tend to attract highly talented employees because potential staff want to be associated with winning enterprises. Information generated and disseminated from the renewal process adds new knowledge to superior organizational r esources, making the process nonrecursive. Perhaps, more importantly, Study 2 reveals that fast-growth companies seem to have an uncanny ability to remain ahead, preventing competitors from surreptitiously entering their markets. It might sound as a cliché, however, but these organizations appear to possess a commitment to customer centricity for at least some period of time, retaining customers by developing new products which continue to serve current customers as they change what they value.

The role of the principal has become increasingly complex and challenging. Recent emphasis has been placed on the role of principals as leaders who can build a culture of learning in schools to close the student achievement gap. Outside factors such as fast-growth in Texas have caused schools to change and grow quickly, which increases the learning demands placed on principals as they seek to develop the knowledge and skills needed for effective leadership. Developing and sustaining a professional learning community is a powerful strategy that has been found to improve teaching and learning, however developing professional learning communities requires skilled leadership. Limited research exists regarding how principals learn to implement and sustain professional learning communities within fast-growth districts, therefore, with this phenomenological qualitative research, I explored the lived experiences of seven principals within one fast-growth district in Texas to explore how they learned to develop and sustain a professional learning community.

A three-district case study was conducted to determine the effects of the 50-cent debt test on fast-growth Texas school districts. The 50-cent debt test for Texas schools came into existence as part of Senate Bill 351 in 1991. Prior to the passing of Senate Bill 351, districts in Texas were limited to issuing 10% of their assessed valuation. Of the 75 school districts that currently meet the criteria to be considered a fast-growth district, 15 of the districts had an Interest and Sinking tax rate of $0.50 in 2014. Also, 33 of the 75 districts had an Interest and Sinking tax rate of $0.40 or higher in 2014. The 50-cent cap on the interest and sinking fund tax rate for districts is arbitrary and inefficient. The limit does not take into account a district's enrollment growth or the wishes of local taxpayers who might vote to authorize debt to build additional facilities or a higher tax rate to pay down debt sooner. Over the past 20 years, Texas voters have approved $96.7 billion of the $118.4 billion resulting in over 81% of funding sought for facilities being approved. The issuance of the approved bond authorization by these voters is governed by the Texas Attorney General's Office, and local districts must pass the 50-cent test by statute. This study examined the impact the 50-cent test has had on three districts through interviews with district staff, and by analyzing and comparing enrollment and various financial data. Specifically, property values, bond types and terms, as well as project delays and operating budgets were assessed.

Kandidatuppsats (2FE24E),​ ​Civilekonomprogrammet inriktning controller Titel: ​Styrning i all ära - ​En studie om strategi och ekonomistyrning i snabbväxande tjänsteföretag Författare:​ Ida Aggerstam & Josefin Johansson Examinator:​ Elin Funck ​Handledare:​ Lise-Lotte Kans Institution: ​Ekonomihögskolan vid Linnéuniversitetet i Växjö Bakgrund och problem: ​Snabbväxande företag står för en stor del av den totala tillväxten i ekonomin och har stor betydelse för landets ekonomi. När tillväxten ökar i företag krävs en mer formaliserad ekonomistyrning. Vissa företag har en uttalad strategi medan andras strategi framgår i organisationens handlingar. Vissa forskare menar att snabbväxande företag bör använda sig av formell ekonomistyrning medan andra forskare menar att de bör använda sig av informell styrning. Syfte: ​Syftet med studien är att få en djupare förståelse för strategi och ekonomistyrning i snabbväxande tjänsteföretag. Uppsatsen bidrar till att belysa likheter och skillnader i snabbväxande företags strategi och ekonomistyrning. Fokus i ekonomistyrningen ligger på formell- och informell styrning. Metod: ​En kvalitativ komparativ flerfallsstudie med semistrukturerade intervjuer ligger till grund för det empiriska materialet. I studien har tre företag intervjuats vilka uppfyller kriterier för att vara snabbväxande tjänsteföretag. Slutsats: ​Ett snabbväxande tjänsteföretags strategi kan vara uttalad och utformad av ledningen tillsammans med de anställda eller kan den framgå genom organisationens handlingar. Snabbväxande tjänsteföretags formella styrning är viktig för organisationens struktur, ansvarsfördelning, planering och kontroll medans deras informella styrning är viktig för de anställdas motivation, tillfredsställande arbetsuppgifter och organisationens personliga ledningsstil. / Bachelor thesis (2FE24E), Civilekonomprogrammet, controller Title:​ Control in all respects - ​A study of strategy and management control in fast-growing service companies Authors:​ Ida Aggerstam & Josefin Johansson Examiner:​ Elin Funck Supervisor:​ Lise-Lotte Kans Institution:​ School of Business and Economics at Linnaeus University in Växjö Background and problem:​ Fast-growing companies account for a large part of the overall growth in the economy and are of major importance for the country's economy. As growth increases in companies, a more formalized management control is required. Some companies have a pronounced strategy while others' strategies are reflected in the organization's actions. Some researchers argue that fast-growing companies should use formal management control while other researchers argue that they should use informal management control. Purpose: ​The purpose of the study is to gain a deeper understanding of strategy and management control in fast-growing service companies. The essay contributes to highlight similarities and differences in fast-growing companies strategy and management control. Focus in management control is on formal- and informal management control. Method:​ A qualitative comparative multivariate study with semi-structured interviews forms the basis for empirical material. In the study, three companies have been interviewed that meet criteria for being fast-growing service companies. Conclusion: ​A fast-growing service company's strategy may be pronounced and designed by management along with employees or may be reflected by the organization's actions. The formal management of fast-growing service companies is important for the organization's structure, division of responsibilities, planning and control while their informal management is important for employee motivation, satisfaction with duties and the organization's personal leadership style.

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In this thesis we examine methodologies for determining free energy differences (FEDs) of phases via Monte Carlo simulation. We identify and address three generic issues that arise in FED calculations; the choice of representation, the choice of estimator, and the choice of sampling strategy. In addition we discuss how the classical framework may be extended to take into account quantum effects. Key words: Phase Mapping, Phase Switch, Lattice Switch, Simulated Tempering, Multi-stage, Weighted Histogram Analysis Method, Fast Growth, Jarzynski method, Umbrella, Multicanonical, Path Integral Monte Carlo, Path Sampling, Multihamiltonian, fluctuation theorem.

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The purpose of this qualitative case study was to examine the systems in place to build the capacity of elementary instructional coaches in a fast-growth district. Through syntheses of research from educational scholars, the conceptual framework was developed with a focus on building capacity of instructional coaches in an ever-changing environment of fast-growth through the lens of professional learning communities, human and social capital, and support from district and campus administration. This study assessed the perceptions of six instructional coaches, six principals, and six district leaders from Rose ISD regarding the school district's support for building the capacity of instructional coaches within the elementary instructional coaching program. The three-part data collection process included document analysis, in-depth interviews, and focus group interviews to support triangulation of data. Through the a priori coding process, the following four themes emerged that highlight key components needed to support district leaders in establishing systems to build the capacity of instructional coaches in an ever-changing environment caused by fast growth: structured time for professional learning, program clarity, collaborative support systems, and implementation of a professional learning community framework. This study revealed a specific need to further understand systems for monitoring and evaluating the effectiveness of the instructional coaching program in an ever-changing environment of a fast-growth district.