A technological and organisational explanation for the size distribution of firms
This paper combines insights from the literature on the economics of organisation with traditional models of market structure to construct a theory of equilibrium firm size heterogeneity under the assumption of a homogenous product industry. It is possible that configurations consisting entirely of small firms (run by entrepreneurs with limited attention) and with larger firms (using managerial techniques to substitute away these limits to allow increasing returns technologies to become...[Show more]
|Collections||ANU Research Publications|
|Source:||Small Business Economics|
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