Digitale Medien
Springer
Review of industrial organization
17 (2000), S. 229-248
ISSN:
1573-7160
Schlagwort(e):
Age
;
firms'
;
growth
;
jobs
;
size
Quelle:
Springer Online Journal Archives 1860-2000
Thema:
Wirtschaftswissenschaften
Notizen:
Abstract This paper relates recent empiricalresearch on the growth of U.K. companies to the maineconomic theories of firms' growth and to empiricalresults for the U.S.A. Smaller and younger firms havebeen growing more quickly than larger and older firms, thus generating proportionately more new jobs. Theseresults do not support the various theories of staticand dynamic economies of scale. Serial correlation ofgrowth is very low, so success does not persist. Thesystematic tendency for small and younger firms togrow more quickly is the main reason why firm growthis not entirely stochastic.
Materialart:
Digitale Medien
URL:
http://dx.doi.org/10.1023/A:1007887626165
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