The growth of firms, competition and maturity of industries
We develop a three-way categorization of capacity and its utilization covering micro, meso and macro framings, beginning with the approaches of Marshall, Steindl and Penrose. Within firms, we combine Steindl?s analysis on fixed capital with Penrose?s consideration of resources, including a higher-or...
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| Format: | Working Paper |
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School of Economics and Finance, Curtin Business School
2005
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| Online Access: | http://hdl.handle.net/20.500.11937/33604 |