Firm Growth: A Survey

We survey the phenomenon of the growth of firms drawing on literature from economics,management, and sociology. We begin with a review of empirical ‘stylised facts’before discussing theoretical contributions. Firm growth is characterized by a predominantstochastic element, making it difficult to predict. Indeed, previous empirical researchinto the determinants of firm growth has had a limited success. We also observethat theoretical propositions concerning the growth of firms are often amiss. We concludethat progress in this area requires solid empirical work, perhaps making use ofnovel statistical techniques...

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Year of publication:	2007-05-14
Authors:	Coad, Alexander
Institutions:	Max-Planck-Institut für Ökonomik <Jena> / Abteilung Evolutionsökonomik
Subject:	Unternehmenstheorie \| Diversifikation \| Diversification gains

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Extent:	651264 bytes 73 p. application/pdf
Series:	Max-Planck-Institut für Ökonomik - Abteilung Evolutionsökonomik - Discussion Papers Discussion Paper #0703
Type of publication:	Book / Working Paper
Language:	English
Classification:	Management and organisation. Other aspects ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)