Title
The two views of small firms in industry dynamics: a reconciliation
Abbreviated Journal Title
Econ. Lett.
Keywords
industry evolution; life-cycle; survival; LIFE-CYCLE; EVOLUTION; DIFFUSION; SURVIVAL; ENTRY; Economics
Abstract
Recent empirical studies show that small firms are confronted with a lower likelihood of survival than their larger counterparts. An alternative view is that small firms can overcome inherent size disadvantages by occupying strategic niches. This paper offers empirical evidence in the context of product life-cycles suggesting that the relationship between firm size and the likelihood of survival is shaped by the stage of the industry life-cycle, and that both views of small firm survival relative to large firms are correct. (C) 1999 Elsevier Science S.A. All rights reserved.
Journal Title
Economics Letters
Volume
62
Issue/Number
2
Publication Date
1-1-1999
Document Type
Article
Language
English
First Page
245
Last Page
251
WOS Identifier
ISSN
0165-1765
Recommended Citation
"The two views of small firms in industry dynamics: a reconciliation" (1999). Faculty Bibliography 1990s. 2532.
https://stars.library.ucf.edu/facultybib1990/2532
Comments
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