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While several plots of the aggregate age distribution suggest that firm age is exponentially distributed, we find some departures from the exponential benchmark. At the lower tail, we find that very young establishments are more numerous than expected, but they face high exit hazards. At the...
Persistent link: https://www.econbiz.de/10010299960
While several plots of the aggregate age distribution suggest that firm age is exponentially distributed, we find some departures from the exponential benchmark. At the lower tail, we find that very young establishments are more numerous than expected, but they face high exit hazards. At the...
Persistent link: https://www.econbiz.de/10010300367
In this work we analyze the relationship between the patterns of firm diversification, if any, across product lines and … scope, their relationships, the size-scaling and coherence properties of diversification itself. Our analysis shows that … technologies increase log-linearly with firm size. And the directions of diversification themselves display coherence between …
Persistent link: https://www.econbiz.de/10011651895
This paper examines the bidirectional causality between innovation and internationalization in the context of developing countries. Using a dynamic bivariate probit model and adopting a broad definition of internationalization, this paper analyzes these issues using a panel dataset of small and...
Persistent link: https://www.econbiz.de/10011653782
According to the "cleansing hypothesis", recessions are periods in which productivity-enhancing reallocation intensifies, shifting resources away from less efficient to more efficient firms at a greater pace. Does the Great Recession of 2008-2010 fit this view? We address this question, studying...
Persistent link: https://www.econbiz.de/10012060627
This study is framed against the increasingly stringent environmental demands on the pulp and paper industry since the late-1980s to reduce water and air pollution, and the global economic slowdown of the early-1990s. The primary focus of this paper is an observation-based analysis conducted by...
Persistent link: https://www.econbiz.de/10010266037
While several plots of the aggregate age distribution suggest that firm age is exponentially distributed, we find some departures from the exponential benchmark. At the lower tail, we find that very young establishments are more numerous than expected, but they face high exit hazards. At the...
Persistent link: https://www.econbiz.de/10010267167
The report examines the dynamics of company size classes in Finland and the relationship between growth barriers and company size. It investigates how Finnish companies have moved between different company size categories from 2008 to 2020, categorizing them based on both the number of employees...
Persistent link: https://www.econbiz.de/10014530140
En tiempos modernos la competitividad es un desafío y oportunidad para las organizaciones. La globalización de los mercados y la introducción de las nuevas tecnologías en los nuevos modelos de negocios, las grandes empresas, y más las Pymes, requieren de estrategias que las impulsen...
Persistent link: https://www.econbiz.de/10012286557
Recent research has underscored the prominent role played by a small fraction of fast-growing new firms in contributing to aggregate net employment growth. While it is typically assumed that those firms experience this superior performance thanks to their ability in undertaking technological...
Persistent link: https://www.econbiz.de/10012389306