DocumentCode :
2131028
Title :
Penrose´s Enterprise Growth Theory on China´s Enterprise Development
Author :
Huang, Zhi Jian
Author_Institution :
Sch. of Econ. & Manage., Wuhan Univ., Wuhan, China
fYear :
2010
fDate :
24-26 Aug. 2010
Firstpage :
1
Lastpage :
3
Abstract :
This paper uses the theory of deductive method to analyze the issues of Enterprise Development. First Penrose´s Enterprise Growth Theory is briefly introduced and then an in-depth analysis of Penrose Effect is made. The theoretical expansion of Penrose Effect is also discussed. Finally inspirations brought by Penrose´s Enterprise Growth Theory are summarized. Penrose Effect tells us that the fast-growing of the enterprise at one time is often accompanied by the slowing down of the enterprise growth during the next period. It is put forward in the paper that after a period of relatively slow growth stage, fast growth stage will arrive, which has supplemented the theory of Penrose Effect. Five inspirations have also been put forward on the development of Chinese enterprise growth: predicting scientifically the enterprise growth based on Penrose´s Enterprise Growth Theory; creating diversified enterprise resource; concerning on the new resources of the enterprise; searching for the best point for resources replacement and utilizing diversification strategy with caution, which have offered the theoretical guidance for Chinese enterprises to develop rapidly.
Keywords :
commerce; management; Chinese enterprise growth; Penrose effect; Penrose enterprise growth theory; deductive method; enterprise development; enterprise resource; Companies; Economics; Presses; Recruitment; Technological innovation;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
Type :
conf
DOI :
10.1109/ICMSS.2010.5575338
Filename :
5575338
Link To Document :
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