A Theory of the Early Growth of the Firm
AbstractEconomic enterprise consists in the matching of resources and opportunities to create value. Growth processes of the new enterprise are here explored in a systems model inspired by Penrose. A sequence of phases in the early life of the firm reflects growth processes and problems, solutions giving rise to new problems. Firms must access, mobilize and deploy resources before they can generate resources for growth. Subsequent phases--in which growth reinforcement and growth reversal forces content--are not universal, but are set in motion in an important minority of firms, the major job creators. Beyond the early phases, critical problems facing the firm are more diverse. The growth of the firm is related to the building of the competence needed to respond to changing industrial opportunities. Copyright 1998 by Oxford University Press.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Oxford University Press in its journal Industrial & Corporate Change.
Volume (Year): 7 (1998)
Issue (Month): 3 (September)
Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Fax: 01865 267 985
Web page: http://icc.oupjournals.org/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.