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The dynamics of Japanese firm growth in U.S. Industries: The Penrose effect

โœ Scribed by Danchi Tan; Joseph T. Mahoney

Book ID
107396550
Publisher
Springer-Verlag
Year
2007
Tongue
English
Weight
288 KB
Volume
47
Category
Article
ISSN
0025-181X

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## Abstract Penrose (1959) theoretically developed the research proposition that the finite capacities of a firm's internally experienced managers limit the rate at which the firm can grow in a given period of time. One empirical implication that follows logically from this line of reasoning is tha