The dynamics of evolving markets: the effects of business sales and age on dissolutions and divestitures.
Data from seven U.S. medical sector product markets established from the 1950s to the 1980s were used to study how firms in evolving industries exit a product market. Variables considered were firms' level of sales, age, and status as either a start-up business upon entering the market or a diversi...
| Publicado en: | Administrative Science Quarterly Vol. 39; pp. 575 - 603 |
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| Formato: | Artículo |
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Administrative Science Quarterly
December 1994
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=508539716&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 508539716 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00018392 ASQ jtl: Administrative Science Quarterly issn: 00018392 maglogo: N pubinfo: dt: December 1994 vid: 39 pid: 224 pub: Administrative Science Quarterly artinfo: ui: 508539716 10.2307/2393772 ppf: 575 ppct: 28 formats: fmt: – @attributes: type: T – @attributes: type: P size: 9.5MB tig: atl: The dynamics of evolving markets: the effects of business sales and age on dissolutions and divestitures. aug: au: Mitchell, Will su: Organizational change Market penetration Business failures Diversification in industry New business enterprises Medical instruments & apparatus industry United States sug: subj: United States Organizational change Market penetration Business failures Diversification in industry New business enterprises Medical instruments & apparatus industry ab: Data from seven U.S. medical sector product markets established from the 1950s to the 1980s were used to study how firms in evolving industries exit a product market. Variables considered were firms' level of sales, age, and status as either a start-up business upon entering the market or a diversifying existing firm. The results demonstrate that sales and age differ systematically by type of entrant and exit. The dissolution rate was found to decline as sales increase, though the rate was not affected by age when the level of sales was controlled. On the other hand, start-up firms and diversifying entrants were more likely to sell their businesses over time, while sales levels had no effect on divestiture rate. When age, sales, and other business and corporate characteristics were controlled, little difference was found in the dissolution rate of start-ups and diversifying entrants, but diversifying entrants were more likely to sell. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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