Legatski, Ted W.; Cresson, John; Davey, Anne - In: Competitiveness Review: An International Business Journal 10 (2000) 2, pp. 80-86
While profitability improved for a sample of 260 downscaling firms in 46 industries, productivity declined dramatically. We propose and critically examine five competing hypotheses to explain these findings: (1) learning curve effects associated with new technologies; (2) experience curve...