IDEAS home Printed from https://ideas.repec.org/p/esi/evopap/2007-03.html
   My bibliography  Save this paper

Firm Growth: A Survey

Author

Listed:
  • Alexander Coad

Abstract

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.

Suggested Citation

  • Alexander Coad, 2007. "Firm Growth: A Survey," Papers on Economics and Evolution 2007-03, Philipps University Marburg, Department of Geography.
  • Handle: RePEc:esi:evopap:2007-03
    as

    Download full text from publisher

    File URL: ftp://137.248.191.199/RePEc/esi/discussionpapers/2007-03.pdf
    Download Restriction: no

    Other versions of this item:

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Organizational stupidity
      by chris dillow in Stumbling and Mumbling on 2011-09-23 18:23:58
    2. Rebekah Brooks & modern management
      by chris dillow in Stumbling and Mumbling on 2011-07-05 16:19:43
    3. Cable on competition
      by chris dillow in Stumbling and Mumbling on 2010-09-22 20:06:31
    4. A place for choice
      by chris dillow in Stumbling and Mumbling on 2010-08-10 18:05:28
    5. Arguing for co-ops I: growth
      by chris dillow in Stumbling and Mumbling on 2008-10-05 15:21:19
    6. Do recessions raise productivity?
      by chris dillow in Stumbling and Mumbling on 2008-08-25 15:52:38
    7. Leaders' constraints
      by chris dillow in Stumbling and Mumbling on 2014-10-15 17:29:20
    8. When selection mechanisms fail
      by chris in Stumbling and Mumbling on 2018-01-24 14:05:07

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Deschryvere, Matthias, 2008. "High Growth Firms and Job Creation in Finland," Discussion Papers 1144, The Research Institute of the Finnish Economy.
    2. Alexander Coad & Rekha Rao, 2007. "The Employment Effects of Innovations in High-Tech Industries," Papers on Economics and Evolution 2007-05, Philipps University Marburg, Department of Geography.
    3. Koski, Heli, 2011. "Does Marginal Cost Pricing of Public Sector Information Spur Firm Growth?," Discussion Papers 1260, The Research Institute of the Finnish Economy.
    4. repec:wsi:rpbfmp:v:17:y:2014:i:03:n:s0219091514500143 is not listed on IDEAS
    5. Giulio Bottazzi & Alex Coad & Nadia Jacoby & Angelo Secchi, 2011. "Corporate growth and industrial dynamics: evidence from French manufacturing," Applied Economics, Taylor & Francis Journals, vol. 43(1), pages 103-116.
    6. Andreas Panagopoulos & Christos N. Pitelis, 2010. "Open innovation and the management of intra-firm conflict," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 7(3/4), pages 295-307.
    7. Colombelli, Alessandra & Haned, Naciba & Le Bas, Christian, 2013. "On firm growth and innovation: Some new empirical perspectives using French CIS (1992–2004)," Structural Change and Economic Dynamics, Elsevier, vol. 26(C), pages 14-26.
    8. Alex Coad, 2008. "Distance to Frontier and Appropriate Business Strategy," LEM Papers Series 2008/13, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    9. Magnus Henrekson & Dan Johansson, 2010. "Gazelles as job creators: a survey and interpretation of the evidence," Small Business Economics, Springer, vol. 35(2), pages 227-244, September.
    10. Pradhan, Jaya Prakash, 2009. "Firm Performance during Global Economic Slowdown: A View from India," MPRA Paper 17145, University Library of Munich, Germany.
    11. Lunardi, José T. & Miccichè, Salvatore & Lillo, Fabrizio & Mantegna, Rosario N. & Gallegati, Mauro, 2014. "Do firms share the same functional form of their growth rate distribution? A statistical test," Journal of Economic Dynamics and Control, Elsevier, vol. 39(C), pages 140-164.
    12. Signore, Simone, 2016. "The European venture capital landscape: an EIF perspective. Volume II: Growth patterns of EIF-backed startups," EIF Working Paper Series 2016/38, European Investment Fund (EIF).
    13. Nicoletta Corrocher & Lucia Cusmano & Camilla Lenzi, 2013. "Growth in Knowledge-Intensive Business Services: Evidence from Lombardy," Industry and Innovation, Taylor & Francis Journals, vol. 20(6), pages 563-584, August.
    14. Alexander Coad, 2007. "Disentangling the firm growth process: evidence from a recursive panel VAR," Papers on Economics and Evolution 2007-15, Philipps University Marburg, Department of Geography.
    15. Greene, Francis, 2012. "Should the focus of publicly provided small business assistance be on start-ups or growth businesses?," Occasional Papers 12/2, Ministry of Economic Development, New Zealand.
    16. repec:ebl:ecbull:v:12:y:2008:i:9:p:1-15 is not listed on IDEAS
    17. A. Arrighetti & A. Ninni, 2009. "Firm size and growth opportunities: a survey," Economics Department Working Papers 2009-EP05, Department of Economics, Parma University (Italy).

    More about this item

    Keywords

    Firm Growth; Size Distribution; Growth Rates Distribution; Gibrat’s Law; Theory of the Firm; Diversification; 'Stages of Growth’ models Length 73 pages;

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:esi:evopap:2007-03. See general 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: (Christoph Mengs). General contact details of provider: http://edirc.repec.org/data/vamarde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.