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The paper analyzes firms' expansion paths within and across industries and specifically different patterns along these paths. Using a procedure previously applied in statistical process control and employing longitudinal data on the expansion of 91 German firms, we analyzed firms' clustering behavior regarding different characteristics. Results reveal that expansion is a heterogeneous process: the clustering behavior along the expansion path does not only differ between firms, but also within one firm regarding different characteristics of its expansion path.
Lehrstuhlbericht
(2007)
Geschäftsbericht 2006/2007
(2007)
Lehrstuhlbericht
(2007)
Finanzcontrolling
(2007)