Firm growth: a survey

Arbeitspapier

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 predominant stochastic element, making it difficult to predict. Indeed, previous empirical research into the determinants of firm growth has had a limited success. We also observe that theoretical propositions concerning the growth of firms are often amiss. We conclude that progress in this area requires solid empirical work, perhaps making use of novel statistical techniques.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Papers on Economics and Evolution ; No. 0703

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Firm Performance: Size, Diversification, and Scope ; Production, Pricing, and Market Structure; Size Distribution of Firms
• Thema: Firm Growth ; Size Distribution ; Growth Rates Distribution ; Gibrat's Law ; Theory of the Firm ; Diversification ; 'Stages of Growth' models ; Unternehmenswachstum ; Unternehmensentwicklung ; Empirische Methode ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Coad, Alexander
• Ereignis: Veröffentlichung
• (wer): Max Planck Institute of Economics
• (wo): Jena
• (wann): 2007

Weitere Informationen

• Handle: http://hdl.handle.net/10419/31823
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ