The theory of growth provides a shorthand way of communicating how the company expects to grow and how any individual’s work effort is tied to that theory. Now, you may ask whether this is ...

The theory emphasizes the importance of entrepreneurship, knowledge, innovation, and technology, rejecting the popular view that economic growth is determined by external, uncontrollable forces.

That might give the findings of limitations to the theory more airtime—but also help educators on the ground know how, where, and when to put growth mindset into action.

Growth has fallen in the U.S. amid a rise in firm concentration. Market share has shifted to low labor share firms, while within-firm labor shares have actually risen. We propose a theory linking ...