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Firm age and performance

Author

Listed:
  • Alex Coad

    (CENTRUM Catolica Graduate Business School, Pontificia Universidad Catolica del Peru)

  • Jacob Rubæk Holm

    (IKE/DRUID, Department of Business and Management, Aalborg University)

  • Jackie Krafft

    (Université Côte d’Azur, CNRS, GREDEG)

  • Francesco Quatraro

    (Université Côte d’Azur, CNRS, GREDEG
    University of Torino
    BRICK, Collegio Carlo Alberto)

Abstract

Amid increasing interest in firm age and its effects on firm performance, this special issue offers an exhaustive review of the literature and a novel collection of evidence on the effects of firm age on performance, including a special focus of interest on innovation performance, financial performance, exports, survival and growth. This editorial positions the theme in the extant literature, and provides key definitions and challenges ahead in the field of evolutionary economics. It introduces the collection of articles composing the special issue. The papers offer a diversity of country contexts, as well as analytical approaches and methods. They include an exhaustive review of the literature on age and firms’ performance, and present original empirical studies focusing on the effects of age on firms’ economic outcomes on the one hand, and on innovation outcomes on the other hand. While most of the papers use econometric analysis, the level of analysis ranges from firm to individual.

Suggested Citation

  • Alex Coad & Jacob Rubæk Holm & Jackie Krafft & Francesco Quatraro, 2018. "Firm age and performance," Journal of Evolutionary Economics, Springer, vol. 28(1), pages 1-11, January.
    • Handle: RePEc:spr:joevec:v:28:y:2018:i:1:d:10.1007_s00191-017-0532-6
    DOI: 10.1007/s00191-017-0532-6
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    More about this item

    Keywords

    Firm age; Firm performance; Survival; Cohort; Evolutionary economics; Liability of newness;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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