Arbeitspapier
Diversification patterns in the growth of firms: Evidence from Italian manufacturing
We present empirical evidence on diversification patterns in Italian manufacturing firms and detect a robust relationship between firm size and diversification levels, with an elasticity of diversification that does not depend on firm size and is well below unity. Diversification does not lead to decreased corporate risk when measured in terms of the growth performance of Italian manufacturing firms. The findings support the Penrosian theory of diversification in the process of firm growth. In addition, we also speculate about the role of technology in the size-diversification nexus.
- Sprache
-
Englisch
- Erschienen in
-
Series: LEM Working Paper Series ; No. 2003/16
- Klassifikation
-
Wirtschaft
- Thema
-
Unternehmenswachstum
Diversifikation
Betriebsgröße
Industrie
Italien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Castaldi, Carolina
Milakovic, Mishael
Secchi, Angelo
- Ereignis
-
Veröffentlichung
- (wer)
-
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
- (wo)
-
Pisa
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Castaldi, Carolina
- Milakovic, Mishael
- Secchi, Angelo
- Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
Entstanden
- 2003
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