Processes of ageing among firms

Dr Alex Coad, Science and Technology Policy Research Unit (SPRU), University of Sussex

There appears to be a shift in policy interest away from small firms towards young firms. Despite the interest in firm age, the literature on ageing processes and their relationship with performance remains underdeveloped. The theoretical literature on firm ageing processes is rather diverse and scattered. These theories make predictions for firms at the population level (that is, selection effects having an influence on average productivity of the population), at the firm level (where a key concept is firm-level routines), and at the level of employees within the firm (where cognitive decline starts to play a role). The aim of this paper is to reconcile theoretical and empirical investigations, and to organize these theories into a unified framework.

About the speaker
Alex Coad is Senior Research Fellow at SPRU (Science & Technology Policy Research, Univ. Sussex) and External Associate Professor at Aalborg University, DK. He has published over 40 articles in international peer-reviewed journals, such as Journal of Business Venturing, Oxford Bulletin of Economics and Statistics, Journal of Economic Behavior and Organization (2), Research Policy, Economics Letters, Social Science & Medicine, Industrial and Corporate Change (7), Small Business Economics (6), Regional Studies (2), and Journal of Evolutionary Economics (2). He has also published a book on the topic of firm growth. He is Associate Editor for Research Policy.

Venue: D0.03 (TS53)

Date: 25 June 2014

Time: 12:30 - 13:30  CET