Garnsey, E.; Stam, Stam, F.C.; Heffernan, P.; Hugo, O. - Erasmus Research Institute of Management (ERIM), … - 2003
This paper provides a new methodology for the diachronic study of new firm growth, theoretically grounded in the work of Penrose (1995). We show that a model of firm growth as an unfolding process makes possible draw simple, measurable inferences from firm level to aggregate evidence on growth...
