Construct · 1 fields · 1 citations

Penrose effect: a standalone construct

One name. One construct. A landmark on the map.

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Strategic management

the limit that current managerial capacity places on how fast a firm can grow, since fast expansion in one period slows growth in the next.

In strategic management, Penrose effect refers to the limit that current managerial capacity places on how fast a firm can grow, since fast expansion in one period slows growth in the next. This meaning comes from Tan (2005) in Managerial and Decision Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

capacity5 fields · 8 citationsjingle · one word, four limits current3 fields · 6 citationsjingle · one word, three constructs expansion4 fields · 4 citationsjingle · one word, four expansions

References

Tan, D., & Mahoney, J. T. (2005). Examining the Penrose effect in an international business context: the dynamics of Japanese firm growth in US industries. Managerial and Decision Economics, 26(2), 113-127. https://doi.org/10.1002/mde.1212

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