Are firm growth paths random? A reply to "Firm growth and the illusion of randomness"

Alex Coad*, Julian S. Frankish, Richard G. Roberts, David J. Storey

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

19 Citations (Scopus)

Abstract

We respond to Derbyshire and Garnsey's article "Firm growth and the illusion of randomness", adding theoretical and methological clarifications as well as some new empirical evidence.

Original languageEnglish
Pages (from-to)5-8
Number of pages4
JournalJournal of Business Venturing Insights
Volume3
DOIs
Publication statusPublished - 2015 Jul 1
Externally publishedYes

Keywords

  • Autocorrelation
  • Firm growth
  • Gambler's Ruin
  • Gibrat's Law
  • Growth paths
  • Randomness

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation

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