Firm age and performance

Alex Coad, Jacob Rubæk Holm, Jackie Krafft, Francesco Quatraro

Research output: Contribution to journalArticle

19 Citations (Scopus)

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.

Original languageEnglish
JournalJournal of Evolutionary Economics
Volume28
Issue number1
DOIs
Publication statusPublished - 2018 Jan 1
Externally publishedYes

Keywords

  • Cohort
  • Evolutionary economics
  • Firm age
  • Firm performance
  • Liability of newness
  • Survival

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics

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