Department: Business.

Building on recent research on dynamic, high-growth firms – so-called “gazelles” – this paper explores a simple question that is important in both theoretical and practical terms: What is the fastest rate at which firms can grow? Based on a sample of seven high-growth firms (Cisco, GM,...

Current models of industry evolution suggest that development patterns should be the same across different levels of analysis. In comparing the evolution of the synthetic dye industry at the global level and in the five major producer countries before World War I (Britain, Germany, France,...