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 …

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 …

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 …

-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 …

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 …

deposits causes a preferential growth of banks with a fitness determined by the competitive advantage to attract permanent …An evolutionary model of the bank size distribution is presented based on the exchange and expansion of deposit money …. In agreement with empirical results the derived size distribution is lognormal with a power law tail. The key idea of the …