Fuelling growth: a qualitative study on the benefits and challenges of growth hacking for micro, small and medium enterprises
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F25%3A63595098" target="_blank" >RIV/70883521:28120/25:63595098 - isvavai.cz</a>
Result on the web
<a href="https://www.emerald.com/ijebr/article/31/6/1576/1263443/Fuelling-growth-a-qualitative-study-on-the" target="_blank" >https://www.emerald.com/ijebr/article/31/6/1576/1263443/Fuelling-growth-a-qualitative-study-on-the</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1108/IJEBR-05-2024-0520" target="_blank" >10.1108/IJEBR-05-2024-0520</a>
Alternative languages
Result language
angličtina
Original language name
Fuelling growth: a qualitative study on the benefits and challenges of growth hacking for micro, small and medium enterprises
Original language description
Purpose: The rapid expansion of technology has facilitated the widespread adoption of data-driven approaches and strategies for business growth. One such approach is growth hacking (GH), which seeks to optimize growth through experimental methods. Despite increasing use in organizations of all sizes, the academic literature has not fully explored the implementation and potential benefits and challenges associated with GH. This paper aims to address this research gap by providing new insights into GH and categorizing its main benefits and challenges. Design/methodology/approach: A multiple-case study approach was employed to investigate the growth strategies of micro, small and medium enterprises. Semi-structured interviews were conducted with founders, managers, consultants and professionals in the field. Findings: The findings shed light on the economic, technological, organizational and managerial benefits derived from GH implementation, which include the scalability of strategies and a data-driven culture, learning from failures, leaner and more efficient processes and improved readiness to respond to change. Several challenges associated with GH implementation were also identified, including entry barriers; limited availability of time, budget and resources and a higher propensity for risk, failure and patience. Originality/value: This article contributes to the existing literature by providing new evidence on the opportunities and risks associated with GH for better and more effective implementation of this strategy while suggesting future research directions.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Journal of Entrepreneurial Behavior and Research
ISSN
1355-2554
e-ISSN
1758-6534
Volume of the periodical
31
Issue of the periodical within the volume
6
Country of publishing house
GB - UNITED KINGDOM
Number of pages
24
Pages from-to
1576-1599
UT code for WoS article
001445107500001
EID of the result in the Scopus database
2-s2.0-105000077607