This paper provides evidence that learning about demand is an important driver of firms' dynamics. We present a simple model with Bayesian learning in which firms are uncertain about their idiosyncratic demand parameter in each of the markets they serve, and update their beliefs as noisy...

Objective: To explore the use of organisational learning practices in start-up growth by focusing on start-up development stages and the 4I framework of organisational learning. Research Design & Methods: The qualitative analysis was performed based on seven case studies: Lithuanian...