Limitation of the research
Qualitative approach has a potential weakness in interpretations of statements. The
weakness is reduced by constantly comparing the analyzed data to the literature.
Recognizing the weakness of the in-depth interview data inquiry in terms of potential
bias towards positive information, the study also uses information from published
documents. The research designed to learn from business leaders of three-consecutiveyear
high-growth companies of different industries has resulted a small number of
sample cases, 12 companies representing 11 industries, which somewhat limits the
generalization of the finding