Conclusions

Abstract

The main message which this book seeks to convey is a simple, and perhaps obvious, one, that an important part of analysis of the performance of modern corporations, from the perspective of both managers and investors, should be attention to the processes generating long-run growth of productivity and profits. We have sought to provide a theoretical background to this view and a simple empirical model which identifies a representation of these processes in terms of coefficients measuring the trend evolution of the main strategic variables for the firm.