Firm age and performance

Alex Coad (), Jacob Holm (), Jackie Krafft and Francesco Quatraro

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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.

Keywords: Evolutionary economics; L10; Firm age; L20; Liability of newness; Firm performance; Survival; Cohort (search for similar items in EconPapers)
Date: 2018-01-25
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Citations: View citations in EconPapers (38)

Published in Journal of Evolutionary Economics, 2018, 28 (1), pp.1-11

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