Learning and the Sources of Corporate Growth
Mariana Mazzucato and
Paul Geroski
No 43, Open Discussion Papers in Economics from The Open University, Faculty of Social Sciences, Department of Economics
Abstract:
This paper explores the link between learning and corporate growth by developing different models of learning and showing that they produce observably different models of corporate growth. Using data on the growth of a number of firms in the US Automobile industry during the 20th century, we compare these different models of growth in an effort to identify the major sources of learning which these firms seem to have relied on. Although there are interesting differences between growth processes pre and post the Second War, the basic conclusion that we are drawn to is that learning in this sector is largely unsystematic and opportunistic.
Keywords: Market Structure; Firm Strategy; and Market Performance; Technological Change (search for similar items in EconPapers)
JEL-codes: L1 L3 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2001-06
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Citations: View citations in EconPapers (3)
Published in Oxford University Press, vol. 11(4), pages 623-644, August
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Journal Article: Learning and the sources of corporate growth (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:opn:wpaper:43
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