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Measuring growth of the firm: Theoretical considerations

Abstract

The reasons and sources of firm growth are a part of economic research since approximately 50 years. Studying various empirical studies all over the world, it is no doubt, that the problematic issue is just how to measure growth of the firm. The main objective of the paper is to discuss the measures of growth of the firm in economics and business studies. The article consists of two sections. The first section reviews basic measures of growth. The second section elaborates on a particular case of growth – measures of high-growth and hyper-growth.  The articles is bases on in-depth literature review and its critics.

Keywords

growth, high-growth, hyper-growth, measures

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