Waiting for Godot? success or failure of firms’ growth in a panel of italian manufacturing firms

Risultato della ricerca: Contributo in rivistaArticolo in rivistapeer review

2 Citazioni (Scopus)

Abstract

Firms’ ability to compete in the global market crucially depends on their ability to innovate and to introduce new products or processes into the market. This typically requires more complex and structured business organization and ultimately the ability to grow. We use a representative panel of Italian manufacturing firms to investigate whether their pattern of growth entails such an ability. Although the estimates suggest that small firms grow faster than larger ones, we do not observe a significant change in the average size of companies at the end of the period under investigation. The greater propensity to grow shown by smaller firms is confined to the size class in which they are established. However, export intensity plays a significant role in affecting the size growth rate together with industry characteristics related to technological levels.
Lingua originaleEnglish
pagine (da-a)259-275
Numero di pagine17
RivistaStructural Change and Economic Dynamics
Volume55
DOI
Stato di pubblicazionePubblicato - 2020

Keywords

  • Corporate growth
  • Firm size distribution
  • Gibrat’s law

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