Fitness and Age: Review of Carroll and Hannan's "Demography of Corporations and Industries"

The Demography of Corporations and Industries (2000) by Glenn R. Carroll and T. Michael Hannan is a welcome addition to a body of empirical analysis of firms and industries that studies the effects of technological change and other changes that occur over time. The book contains a wealth of facts, a...

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Bibliographic Details
Published in:Journal of economic literature 2001-03, Vol.39 (1), p.105-119
Main Author: Jovanovic, Boyan
Format: Article
Language:English
Subjects:
Demographics
Demography
Economic theory
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Summary:The Demography of Corporations and Industries (2000) by Glenn R. Carroll and T. Michael Hannan is a welcome addition to a body of empirical analysis of firms and industries that studies the effects of technological change and other changes that occur over time. The book contains a wealth of facts, and some new insights too. It will make useful secondary reading in some graduate courses in economics, and I would recommend it to anyone whose research relates to the concept of creative destruction.
ISSN:0022-0515
2328-8175
DOI:10.1257/jel.39.1.105