La discontinuità del pattern di sviluppo dimensionale delle imprese nei paesi industriali: fattori endogeni ed esogeni di mutamento dell'"ambiente competitivo"
Fabrizio Traù
L'industria, 2001, issue 1, 173-204
Abstract:
Empirical evidence shows that the second half of the 20th Century has been characterised by a dramatic change in the evolutionary pattern of firms' size structure: the general tendency towards a growing importance of big business which marked the first phase of post-war development came to a halt in the early '70s, making way to a gradual decrease of the average size of firms and an employment shift towards smaller sized units. This paper argues that such a phenomenon is closely related to the major changes which have affected the macroeconomic environment over the same period, determining the end of the so-called Golden Age. Peculiar emphasis is given to the role played, in this connection, by both the increase in the strength of global competition and structurally higher market uncertainty.
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:mul:j0hje1:doi:10.1430/2316:y:2001:i:1:p:173-204
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