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 … determinants of firm growth has had a limited success. We also observe that theoretical propositions concerning the growth of firms …

negatively the growth of sales and value added all across the growth rate distribution with an effect that was slightly larger at …The COVID-19 shock hit firms hard, on average, but how did it hit in the distribution of firms, differently between the … high-growth superstars and the firms that were already struggling to survive? This paper implements graphical techniques …

growth rates of business firms displays a remarkable double-exponential shape. A recent letter propose a possible connection … levels as stationary stochastic variables and neglects the integrated nature of the growth process. …Since the seminal work of Pareto, many empirical analyses suggested that the distribution of firms size is …

the opposite is true when we allow for market selection. Indeed, the growth behavior of the re-shaped (smaller) population … confirm the rejection of the Gibrat's law when our firm-level data are considered over the entire investigated period, while … of the survived most efficient firms is in line with the Law of Proportionate Effect; this evidence reconciles early and …

the opposite is true when we allow for market selection. Indeed, the growth behavior of the re-shaped (smaller) population … confirm the rejection of the Gibrat's law when our firm-level data are considered over the entire investigated period, while … of the survived most efficient firms is in line with the Law of Proportionate Effect; this evidence reconciles early and …

-type growth process among incumbents with an exponential distribution of firm's age, to obtain the empirical Pareto distribution. …Recent work drawing on data for large and small firms has shown a Pareto distribution of firm size. We mix a Gibrat …

This paper examines the impact of floods on firms' capital accumulation, employment growth and productivity by using a … show higher growth of total assets and employment than firms in areas which did not face a flooding. This positive effect … is even more pronounced for companies with larger shares of intangible assets. Regarding the firms' productivity a …

Gibrat's Law does not hold, i.e., the main finding is that firm growth decreases with firm size. However, almost all of these … obtained for a large sample of Dutch firms in the hospitality industry - we examine whether the assumption that growth rates … that growth rates are, in fact, independent of firm size in two business groups, while Gibrat's Law is rejected for the …

distribution of growth rates cannot be easily reconciled with a Pareto distribution of firm sizes. Recent contributions, using …If business firms face a multiplicative growth process in which their growth rates are independent from their sizes …

We present a model of endogenous firm growth with R&D investment and innovation as the engine of growth. The objective …-tech industries. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth … literature, but also on the literature on patent races and the discrete choice models of product differentiation. We examine to …