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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 …
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In this paper we present a description of the growth and diversification patterns of the top firms in the worldwide …. Our study confirms the results of previous empirical analyses of the growth dynamics of firms but also reveals structural … disaggregation, we are able to analyze the diversification structure of the firm and study its relation with the aggregate firm size …
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examines the impact of coordination costs on firms’ diversification strategies. A synergistic view of diversification suggests … effects of synergies and coordination costs, and offers a unique explanation for the limit to related diversification. Study …This dissertation views firms as systems of interdependent activities and investigates the role of coordination costs …
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We focus on the relationship of age and diversification patterns of German machine tool manufacturers in the post war … eventually diversification rates even turn negative for old firms on average. Second, we find that product portfolios of larger …. Fourth, survival estimations reveal that diversification activities reduce the risk of exit controlling for various …
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The purpose of this paper is to show how a better understanding of the role played by technology in the decision …–making process of a business changes our conception of the nature of the firm. According to the role played by technology in decision …–making, the author distinguishes five grades of firm: Grade zero represents a world of optimal and stationary technology. Grade …
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