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The Growth of Firms: A Survey of Theories and Empirical Evidence
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In this paper, Coad provides an up-to-date catalog of empirical work, as well as a coherent theoretical structure within which these new results can be interpreted and understood.Abstract:
Research into firm growth has been accumulating at a terrific pace, and Alex Coad's survey of this multifaceted field provides a detailed, comprehensive overview of the latest developments. Much progress has been made in empirical research into firm growth in recent decades due to factors such as the availability of detailed longitudinal datasets, more powerful computers and new econometric techniques. This book provides an up-to-date catalog of empirical work, as well as a coherent theoretical structure within which these new results can be interpreted and understood. It brings together a large body of recent research on firm growth from a multidisciplinary perspective, providing an up-to-date synthesis of stylized facts and empirical regularities. Numerous empirical findings and theories of firm growth are also surveyed and compared in order to evaluate their validity. Drawing on a vast and diverse body of research, this book will prove invaluable to students, academics, policy makers and practitioners with a need to keep abreast of studies in industrial organization, firm growth and management.read more
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Entrepreneurial ecosystems and growth oriented entrepreneurship
Colin Mason,Ross Brown +1 more
TL;DR: In this article, the authors focus on the entrepreneurial actors within an ecosystem, focusing on the following: the entrepreneurial actor within the ecosystem; the resource providers within the economy; entrepreneurial connectors within the entrepreneurial ecosystem and the entrepreneurial environment of the ecosystem.
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Innovation and firm growth: Does firm age play a role?
TL;DR: In this paper, the authors explored the relationship between innovation and firm growth for firms of different ages and found that young firms undertake riskier innovation activities which may have greater performance benefits (if successful), or greater losses (if unsuccessful).
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Creating good public policy to support high-growth firms
Colin Mason,Ross Brown +1 more
TL;DR: In this article, the authors argue that policy-makers are looking for high growth firms in the wrong places and propose a reorientation of HGFs, both in terms of appropriate targeting and forms of support.
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Small business performance: business, strategy and owner‐manager characteristics
TL;DR: In this article, the authors investigate the factors that influence small to medium-sized enterprise (SME) performance and particularly, growth and find that size and age of enterprise dominate performance and are more important than strategy and the entrepreneurial characteristics of the owner.
Book ChapterDOI
Technical Change and Industrial Dynamics as Evolutionary Processes
Giovanni Dosi,Richard R. Nelson +1 more
TL;DR: This chapter reviews and integrates much of what has been learned on the processes of technological evolution, their main features, and their effects on the evolution of industries.