Geroski, Paul and Mazzucato, Mariana
Learning and the sources of corporate growth.
Industrial and Corporate Change, 11(4) pp. 623–644.
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This paper explores the link between learning and corporate growth by developing different models of learning and showing that they produce observably different models of corporate growth. Using data on the growth of a number of firms in the US automobile industry during the 20th century, we compare these different models of growth in an effort to identify the major sources of learning which these firms seem to have relied on. Although there are interesting differences between growth processes before and after the Second World War, the basic conclusion that we are drawn to is that learning in this sector is largely unsystematic and opportunistic.
||This is a pre-copy-editing, author-produced PDF of an article accepted for publication in Industrial and Corporate Change following peer review. The definitive publisher-authenticated version Geroski, Paul and Mazzucato, Mariana (2002) Learning and the sources of corporate growth. Industrial and Corporate Change, 11 (4). pp. 623-644. ISSN 1464-3650 is available online at: http://icc.oxfordjournals.org/cgi/content/abstract/11/4/623
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||28 Jun 2006
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