Lumps, Bumps and Jumps in the Firm Growth Process

Alex Coad*

*この研究の対応する著者

研究成果: Review article査読

抄録

Firm growth is a central topic in entrepreneurship research. The approach taken here is to survey the literature on lumps and discontinuities in the growth process, which may well correspond to the most interesting cases of firm growth. Our interdisciplinary review investigates stages of growth models, growth modes, growth strategies, and barriers and thresholds that hinder the growth of firms. Firm growth is theorized to be characterized by the addition and reconfiguration of lumpy discrete resources. The distribution of annual growth rates follows a heavy-tailed distribution, which has led to interest in growth paths, growth spells, growth spikes, and the phenomenon of High-Growth Firms (HGFs). We conclude with implications for empirical and theoretical research.

本文言語English
ページ(範囲)212-267
ページ数56
ジャーナルFoundations and Trends in Entrepreneurship
18
4
DOI
出版ステータスPublished - 2022 4月 11

ASJC Scopus subject areas

  • ビジネスおよび国際経営
  • 経済学、計量経済学

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