Lee, Keun; Temesgen, Tilahun - In: International Journal of Technological Learning, … 2 (2009) 3, pp. 139-172
This paper examines what makes firms grow using the investment climate survey that was conducted by the World Bank in eight developing countries. We rely on the resource-based theory of the firm that was proposed by Penrose (1959) where firm growth depends on the kinds and amount of the diverse...