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 …

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 …

. As a consequence, new companies and novel business models have emerged. Spotify, one of the new players in the music … music market in the world, namely, the US, the case study focuses on the company’s growth. We show that acquisitions of … light on Spotify’s internationalization as another important driver of firm growth. Over time, Spotify’s relationship with …

The Resource-Based View of the firm (RBV) posits as a necessary condition for diversification that a firm's resources … leveraged inside the firm or through a market contract. We therefore couple the RBV with the Adjustment-Cost Theory of the firm … to make and test a set of predictions about when firms should extend their scope. We find that firm should, and do …