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...

We explore the idea of public policy from the perspective of evolutionary thinking. Thisinvolves paying attention to concepts like diversity, population, selection, innovation,coevolution, group selection, path-dependence and lock-in. We critically discuss the notion ofevolutionary progress. The...