The Growth Of Firms

A Survey of Theories and Empirical Evidence

Alex Coad

Alex Coad, University of Sussex, UK

2009 208 pp Hardback 978 1 84844 327 3

ebook isbn 978 1 84844 910 7

Hardback £72.00 on-line price £64.80

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Series: New Perspectives on the Modern Corporation series

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Description
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.

Contents
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

Further information

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.

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