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The Growth Of Firms

A Survey of Theories and Empirical Evidence
New Perspectives on the Modern Corporation series
Alex Coad, University of Sussex, UK
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 catalogue 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.
Extent: 208 pp
Hardback Price: £77.00 Online: £69.30
Publication Date: 2009
ISBN: 978 1 84844 327 3
Availability: In Stock
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  • Economics and Finance
  • Evolutionary Economics
  • Industrial Organisation
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 catalogue 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.
Contents: 1. Introduction 2. Firm Size Distributions 3. Growth Rates Distributions 4. Gibrat’s Law 5. Profits, Productivity and Firm Growth 6. Innovation and Firm Growth 7. Other Determinants of Firm Growth 8. Theoretical Perspectives 9. Growth Strategies 10. Growth of Small and Large Firms 11. Conclusion Bibliography Index