Learning and the Sources of Corporate Growth
This paper explores the link between learning and corporate growth by developing different models of learning and showing that they produce observably different models of corporate growth. Using data on the growth of a number of firms in the US Automobile industry during the 20th century, we compare these different models of growth in an effort to identify the major sources of learning which these firms seem to have relied on. Although there are interesting differences between growth processes pre and post the Second War, the basic conclusion that we are drawn to is that learning in this sector is largely unsystematic and opportunistic.
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|Date of creation:||Jun 2001|
|Publication status:||Published in Oxford University Press, vol. 11(4), pages 623-644, August|
|Contact details of provider:|| Postal: Walton Hall, Milton Keynes, MK7 6AA|
Web page: http://www.open.ac.uk/socialsciences/about-the-faculty/departments/economics/research/discussion-papers.php
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