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

Boyan Jovanovic

University of Chicago and NYU.

Journal of Economic Literature 2001

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.

DOI
10.1257/jel.39.1.105
Volume
39 (1)
Pages
105-119
Language
en
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