We focus on the relationship of age and diversification patterns of German machine tool manufacturers in the post war …'s lifetime. We distinguish between minor diversification and major diversification, where these two concepts refer to adding a … reveals four main insights. First, we observe that firms have lower diversification rates as they grow older, and that …

In this short research note we investigate the role of diversification in the firm growth process. We build on Penrose … boasts a detailed and meaningful definition of diversification. Our exploratory analyses indicate that diversification, in … terms of product introductions, is preceded by employment growth. Moreover, we find support that diversification is …

We focus on the relationship between age and diversification patterns of German machine tool manufacturers in the post …-war era. We distinguish between ‘minor diversification’ (adding a new product variation within a familiar submarket) and … ‘major diversification’ (expanding the product portfolio into new submarkets). Our analysis reveals four main insights. First …

We focus on the relationship of age and diversification patterns of German machine tool manufacturers in the post war …'s lifetime. We distinguish between "minor diversification" and "major diversification", where these two concepts refer to adding … analysis reveals four main insights. First, we observe that firms have lower diversification rates as they grow older, and that …

In this short research note we investigate the role of diversification in the firm growth process. We build on Penrose … boasts a detailed and meaningful definition of diversification. Our exploratory analyses indicate that diversification, in … terms of product introductions, is preceded by employment growth. Moreover, we find support that diversification is …