EconPapers    
Economics at your fingertips  
 

New Firm Growth: Exploring Processes and Paths

Elizabeth Garnsey, Erik Stam () and Paul Heffernan

Industry and Innovation, 2006, vol. 13, issue 1, 1-20

Abstract: This paper provides an approach to new firm growth that views this as an unfolding developmental process. This approach is based on a Penrosean (1995) model of the firm. We find that new firm growth is non-linear and prone to interruptions and setbacks to an extent overlooked in the literature. From the model of development used, five propositions are drawn concerning measurable features of new firms' growth paths; these relate to patterns of survival, continuousness of growth, turning points, reversals and cumulative growth. These propositions are examined in the light of data on the growth paths of new firms in three countries, with aggregate comparisons of firms' growth paths effected by graphical representations and sequence analysis.

Keywords: Firm growth; growth paths; new firms; longitudinal research methods; Penrose (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (50) Track citations by RSS feed

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/13662710500513367 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: New Firm Growth: Exploring Processes and Paths (2003) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:indinn:v:13:y:2006:i:1:p:1-20

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CIAI20

Access Statistics for this article

Industry and Innovation is currently edited by Associate Professor Mark Lorenzen

More articles in Industry and Innovation from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2019-04-12
Handle: RePEc:taf:indinn:v:13:y:2006:i:1:p:1-20